Bed Bath & Beyond Results Presentation Deck
APPENDIX
Q2'22 Non-GAAP Reconciliation
Gross Profit
Gross margin
Restructuring and transformation initiative
expenses
(Loss) earnings before provision (benefit)
for income taxes
Provision (benefit) for income taxes
Effective tax rate
Net (loss) income
Net loss per share - Diluted
Weighted average shares outstanding-
Basic
Weighted average shares outstanding-
Diluted
Reported
$ 398,262
Provision (benefit) for income taxes
EBITDA
EBITDA as % of net sales
27.7%
54,069
(364,805)
1,354
(0.4)%
$ (366,159)
$
(4.59)
79,706
79,706 (1)
Loss on Sale of
Businesses
Reconciliation of Net Income (loss) to EBITDA and Adjusted EBITDA
Net (loss) income
$ (366,159)
$
Depreciation and amortization
70,991
Interest expense
18,603
1,354
$ (275,211)
$
$
- %
Loss on
extinguishment
of debt
$
$
$
- %
Three Months Ended August 27, 2022
Excluding
Restructuring
and
Transformation
Expenses
$
$
$
-%
(54,069)
54,229
54,229
54,229
(2,057)
52,172
Impairments
charges
$
$
55,518
%
55,518
55,518
55,518
(1) If a company is in a net loss position, then for earnings per share purposes, diluted weighted average shares outstanding are equivalent to basic weighted average
Total income
tax impact
$
$
- %
(0.1)%
Total Impact
$
$
$
$
$
- %
(54,069)
109,747
(0.1)%
109,747
1.38
79,706
79,706
109,747
(2,057)
107,690
$
Adjusted
398,262
27.7 %
(255,058)
1,354
(0.5)%
$ (256,412)
$
(3.22)
79,706
79,706
$ (256,412)
68,934
18,603
1,354
$ (167,521)
(11.7)%View entire presentation