Bed Bath & Beyond Results Presentation Deck
Q2'21 RESULTS
Second Quarter Highlights
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Net Sales of $1.985B reflecting comp¹ sales decrease of -1%
Bed Bath & Beyond banner comp¹ decline of -4% as a result of deceleration and lower-
than-expected traffic in August (largest month of Q2)
buybuy BABY positive comp¹ of +mid-teens percent growth
Adjusted² Gross Margin of 34.0%, due to unprecedented and significantly higher than
anticipated freight cost increases, particularly later in the quarter
SG&A expense in-line with plan
Adjusted² EBITDA of $85M as result of Net Sales and Adjusted Gross Margin performance
Positive Operating Cash Flow generation of $75M
Cash and Investments Balance of $1.1B and Total Liquidity³ of $2B inclusive of Company's
recently amended ABL Facility
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PERIOD ENDING AUGUST 28, 2021
BED BATH & BEYOND
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