Bed Bath & Beyond Results Presentation Deck
APPENDIX
non-gaap reconciliation*
(in thousands, except for share data) (unaudited)
Reconciliation of Adjusted Effective Income Tax Rate
Reported effective income tax rate
Impairments, severance, incremental inventory reserve for future markdowns, costs
associated with portfolio optimization strategy, restructuring and transformation
initiative costs, gain on sale of business and gain on extinguishment of debt
Adjusted effective income tax rate
Three Months Ended
August 29,
2020
BED BATH & BEYOND
32.8%
1.5%
34.3 %
August 31,
2019
30.1%
(21.1)%
9.0%
* 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.
31View entire presentation