Bed Bath & Beyond, Inc. · NYSE:BBBY
Bed Bath & Beyond — Q2 2026 Earnings Presentation
14 slides from Bed Bath & Beyond's earnings presentation, Aug 4, 2026
Slide 1: 2Q 2026 Earnings Call
2Q 2026 Earnings Call August 4, 2026 1
Slide 2: Forward-Looking Statements
2Q 26 Earnings Call | August 2026 Forward-Looking Statements Forward-Looking Statements The information presented herein and any accompanying presentation may contain forward-looking statements within the meaning of the federal securities laws. Such forward-looking statements include all statements
Slide 3: Financial Update 2Q 2026
Financial Update 2Q 2026 BED BATH & BEYOND
Slide 4: 2Q 2026 Financial Results
2Q 26 Earnings Call | August 2026 Financial Update 2Q 2026 Financial Results1 Revenue Gross Margin G&A and Tech Expense $361.2 Million 26.8% $81.9 Million +28.0% vs. 2Q 25 +310 bps vs. 2Q 25 +$44.6M / +119.4% vs. 2Q 25 Diluted EPS Adjusted EBITDA2 -$0.53 Ending Cash & Inventory4 Adjusted Diluted EPS
Slide 5: Revenue
2Q 26 Earnings Call | August 2026 Financial Update Revenue Revenue 2Q 26 Dynamics ($M) $500 • Revenue of $361M • +$79M / +28% vs. 2Q 25 $400 • Revenue influenced by: $361 • Contribution from TBHC $300 $282 • 2nd consecutive quarter of $273 $257 $248 disciplined sales growth $200 $100 $0 2Q 25 3Q 25
Slide 6: Gross Margin
2Q 26 Earnings Call | August 2026 Financial Update Gross Margin Gross Margin Gross Margin 2Q 26 Dynamics ($M) (%) 30% $150 • Gross margin of 26.8% 26.8% • +310 bps vs. 2Q 25 25.3% 24.6% 23.7% 23.9% 25% • Gross Margin influenced by: • Positive mix shift associated with $100 $97 20% the TBHC merger 15
Slide 7: Sales & Marketing Expense
2Q 26 Earnings Call | August 2026 Financial Update Sales & Marketing Expense Sales & Marketing Expense Sales & Marketing Expense 2Q 26 Dynamics ($M) (% of Revenue) 15% $100 14.0% • Sales & Marketing Expense of 13.0% $43M or 11.9% 13.5% 13.8% • +$5M / -160 bps vs. 2Q 25 11.9% • Sales & Marketing Expe
Slide 8: G&A and Tech Expense
2Q 26 Earnings Call | August 2026 Financial Update G&A and Tech Expense G&A and Tech Expense 2Q 26 Dynamics ($M) $100 • G&A and Tech Expense of $82M • +$45M / +119% vs. 2Q 25 $82 • +$30M / +80% vs. 2Q 25 $75 excl. one-time costs $671 • G&A and Tech Expense influenced by: $50 • Inclusion of store occ
Slide 9: Adjusted EBITDA
2Q 26 Earnings Call | August 2026 Financial Update Adjusted EBITDA Adjusted EBITDA 2Q 26 Dynamics ($M) $0 • Adj. EBITDA of -$12M • -$4M / -51% vs. 2Q 25 ($5) ($4) ($5) ($8) ($8) ($10) ($12) ($15) ($20) 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 Note: Adjusted EBITDA is a non-GAAP financial measure. See reconcili
Slide 10: LTM Orders and Average Order Value
2Q 26 Earnings Call | August 2026 Financial Update LTM Orders and Average Order Value Orders Delivered (LTM) Average Order Value 2Q 26 Dynamics (M) ($) 20 $250 • Average order value of $129 $219 • -41% vs. 2Q 25 $205 $205 15 $193 $200 • Orders delivered (LTM) of 11.4M • +5.7M / +100% vs. 2Q 25 11.4
Slide 11: Active Customers and Order Frequency
2Q 26 Earnings Call | August 2026 Financial Update Active Customers and Order Frequency Active Customers (LTM) Order per Active Customer 2Q 26 Dynamics (M) (LTM) 10 2.0 1.79 • Order frequency of 1.79 • +36% vs. 2Q 25 8 1.5 • Active customers (LTM) of 1.32 1.30 1.30 1.31 6.4M 6.4 • +2.0M / +47% vs. 2
Slide 12: Appendix
Appendix BED BATH & BEYOND
Slide 13: Adjusted EBITDA Reconciliation
2Q 26 Earnings Call | August 2026 Reconciliation Adjusted EBITDA Reconciliation Three months ended in thousands 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 Net loss $ (19,313) $ (4,521) $ (20,875) $ (16,398) $ (39,497) Depreciation and amortization 4,080 3,879 3,475 3,204 7,955 Stock-based co
Slide 14: Adjusted Diluted EPS and Adjusted G&A and Technology Expense Reconciliation
2Q 26 Earnings Call | August 2026 Reconciliation Adjusted Diluted EPS Reconciliation Three months ended June 30, 2026 Adjusted Diluted Diluted EPS EPS Numerator: Net loss attributable to common stockholders $ (39,497) $ (39,497) Denominator: Weighted average shares of common stock outstanding—dilute