Bed Bath & Beyond Results Presentation Deck
APPENDIX
Q1'22 Non-GAAP Reconciliation
Gross Profit
Gross margin
Restructuring and transformation
initiative expenses
(Loss) earnings before provision
(benefit) for income taxes
(Benefit) provision for income taxes
Effective tax rate
Net (loss) income
Net loss per share - Diluted
Weighted average shares
outstanding- Basic
Weighted average shares
outstanding- Diluted
Interest expense
(Benefit) provision for income taxes
Reported
$ 349,312
EBITDA
EBITDA as % of net sales
23.9%
$
24,263
(355,606)
2,060
(0.6)%
$ (357,666)
(4.49)
79,611
Gain on Sale of
Businesses
$
79,611 (1)
Reconciliation of Net Income (loss) to EBITDA and Adjusted EBITDA
Net (loss) income
$ (357,666)
$
Depreciation and amortization
71,103
16,448
2,060
$ (268,055)
$
$
- %
Gain on
extinguishment
of debt
$
$
$
$
- %
Three Months Ended May 28, 2022
Excluding
Restructuring
and
Transformation
Expenses
$
$
(1,167)
(0.1)%
(24,263)
23,096
23,096
23,096
(5,275)
17,821
Impairments
charges
$
- %
26,699
26,699
$ 26,699
26,699
(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
$
$
- %
(82,636)
26.9 %
82,636
82,636
(82,636)
Total Impact
$ (1,167)
(0.1)%
$
$
$
$
(24,263)
49,795
(82,636)
26.9%
132,431
1.66
79,611
79,611
132,431
(5,275)
(82,636)
44,520
Adjusted
$
348,145
23.8%
(305,811)
(80,576)
26.3 %
$ (225,235)
(2.83)
79,611
79,611
$ (225,235)
65,828
16,448
(80,576)
$ (223,535)
(15.3)%View entire presentation