Bed Bath & Beyond Results Presentation Deck

APPENDIX non-gaap reconciliation* (in thousands, except for share data) (unaudited) Reconciliation of Adjusted Gross Profit Reported gross profit Adjustments: Incremental inventory reserve for future markdowns Total adjustments Adjusted gross profit Three Months Ended BED BATH & BEYOND August 29, 2020 $ 987,537 (23,000) (23,000) $964,537 August 31, 2019 $726,988 193,735 193,735 $920,723 * The Company is presenting certain non-GAAP financial measures for its fiscal 2020 second quarter. In order for investors to be able to more easily compare the Company's performance across periods, the Company has included comparable reconciliations for the 2019 periods in the reconciliation table above and that follow. 26

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