Bed Bath & Beyond Results Presentation Deck
forward looking statements
This presentation contains forward-looking statements, including, but not limited to, the Company's progress and anticipated progress towards its long-term
objectives, the status of its future liquidity and financial condition, and its outlook for the Company's fiscal 2020 fourth quarter and for its 2021 fiscal year. Many of these
forward-looking statements can be identified by use of words such as may, will, expect, anticipate, approximate, estimate, assume, continue, model, project, plan, goal,
preliminary and similar words and phrases, although the absence of those words does not necessarily mean that statements are not forward-looking. The Company's
actual results and future financial condition may differ materially from those expressed in any such forward-looking statements as a result of many factors. Such factors
include, without limitation: general economic conditions including the housing market, a challenging overall macroeconomic environment and related changes in the
retailing environment; risks associated with COVID-19 and the governmental responses to it, including its impacts across the Company's businesses on demand and
operations, as well as on the operations of the Company's suppliers and other business partners, and the effectiveness of the Company's actions taken in response to
these risks; consumer preferences, spending habits and adoption of new technologies; demographics and other macroeconomic factors that may impact the level of
spending for the types of merchandise sold by the Company; civil disturbances and terrorist acts; unusual weather patterns and natural disasters; competition from
existing and potential competitors across all channels; pricing pressures; liquidity; the ability to achieve anticipated cost savings, and to not exceed anticipated costs,
associated with organizational changes and investments, including the Company's strategic restructuring program and store network optimization strategies; the ability
to attract and retain qualified employees in all areas of the organization; the cost of labor, merchandise and other costs and expenses; potential supply chain disruption
due to trade restrictions, and other factors such as natural disasters, pandemics, including the COVID-19 pandemic, political instability, labor disturbances, product
recalls, financial or operational instability of suppliers or carriers, and other items; the ability to find suitable locations at acceptable occupancy costs and other terms to
support the Company's plans for new stores; the ability to establish and profitably maintain the appropriate mix of digital and physical presence in the markets it serves;
the ability to assess and implement technologies in support of the Company's development of its omnichannel capabilities; the ability to effectively and timely adjust the
Company's plans in the face of the rapidly changing retail and economic environment, including in response to the COVID-19 pandemic; uncertainty in financial markets;
volatility in the price of the Company's common stock and its effect, and the effect of other factors, including the COVID-19 pandemic, on the Company's capital
allocation strategy; risks associated with the ability to achieve a successful outcome for its business concepts and to otherwise achieve its business strategies; the
impact of intangible asset and other impairments; disruptions to the Company's information technology systems including but not limited to security breaches of
systems protecting consumer and employee information or other types of cybercrimes or cybersecurity attacks; reputational risk arising from challenges to the
Company's or a third party product or service supplier's compliance with various laws, regulations or standards, including those related to labor, health, safety, privacy or
the environment; reputational risk arising from third-party merchandise or service vendor performance in direct home delivery or assembly of product for customers;
changes to statutory, regulatory and legal requirements, including without limitation proposed changes affecting international trade; changes to, or new, tax laws or
interpretation of existing tax laws; new, or developments in existing, litigation, claims or assessments; changes to, or new, accounting standards; foreign currency
exchange rate fluctuations. Except as required by law, the Company does not undertake any obligation to update its forward-looking statements.
BED BATH & BEYOND
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