Bed Bath & Beyond Results Presentation Deck slide image

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 14
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