Bed Bath & Beyond Results Presentation Deck
FINANCIAL OUTLOOK
Revising Full Year Fiscal 2021 Outlook
P&L
■
Sales
Key Considerations:
■
Comp Sales (Q1'21 – Q4'21)
Adjusted Gross Margin
(as a percentage of sales)
Comp Sales (Q1'21-Q4'21): +high-single digits
Depreciation & Amortization: approx. $256M - $260M
▪ Interest Expense: approx. $64M
Adjusted SG&A
(as a percentage of sales)
Adjusted EBITDA
Adjusted EPS Range
BED BATH & BEYOND
FULL YEAR FISCAL 2021
CURRENT
approx. $7.9B
+HSD
34.0% - 34.5%
Approx. 34%
■
$290M - $310M
($0.15) - $0.00
Note: Adj. gross margin, adj. SG&A, adj, EBITDA & adj. EPS are non-GAAP financial measures. For a reconciliation to comparable GAAP measures, see Appendix of this presentation.
PRIOR
$8.1B - $8.3B
+LDD
Approx. 34.0% - 35.0%
Approx. 32%
CAPEX: approx. $350M
▪ Share Repurchase: approx. $625M
$425M - $465M
$0.70-$1.10
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