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Bed Bath & Beyond Inc Delivers Second Consecutive Quarter Of Comparable Sales And Profit Growth

Executing on Strategy; Delivering Consistent Sales and EBITDA Growth 2 +5% comparable sales growth on core Bed Bath & Beyond banner 1; + +94% digital comparable sales growth on core Bed Bath & Beyond banner; +77% digital comparable sales growth on total enterprise +11% comparable sales growth in Top 5 destination categories combined (as referred below), representing 2/3 of core Bed Bath & Beyond banner sales; Market share gains in destination Bed category, with improving trends in Bath and Kitchen categories +2.2 million approximate new online customers gained by core Bed Bath & Beyond banner during the fiscal 2020 third quarter; +7 million approximate new online customers year-to-date +340bps expansion in Gross Margin; +310bps expansion in Adjusted Gross Margin

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