Bed Bath & Beyond Results Presentation Deck
APPENDIX
non-gaap reconciliation*
(in thousands, except for share data) (unaudited)
Reconciliation of Adjusted Net (Loss) Earnings
Reported net loss
Pre-tax Adjustments:
Goodwill and other impairments (a)
Severance costs
Shareholder activity costs
BED BATH & BEYOND
Total pre-tax adjustments
Tax impact of adjustments
Total adjustments, after tax
Adjusted net (loss) earnings
Three Months Ended
May 30, 2020 June 1, 2019
$ (302,291)
$
85,261
939
$
86,200
(26,738)
59,462
(242,829) $
(371,085)
401,267
38,662
8,000
447,929
(61,387)
386,542
15,457
(a) Goodwill and other impairments include: (1) goodwill, tradename and store asset and other impairments related to the
North American Retail reporting unit; and (2) tradename impairments related to the Institutional Sales reporting unit.
* The Company is presenting certain non-GAAP financial measures for its fiscal 2020 first 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 tables above and that follow.View entire presentation