Bed Bath & Beyond
comparable sales increase led by growth in core bed bath beyond banner total enterprise growth digital drives performance with strong total enterprise growth core digital growth net sales change of as planned due to significant portfolio transformation including non core banner divestitures and store closing activity related to network optimization initiative gross margin increases driven primarily by optimization of promotion favorable product mix leverage of distribution and fulfillment costs partially offset by higher digital channel mix including higher shipping costs a expense decreases from lower payroll related expenses and lower advertising expenses increased primarily due to higher gross margin positive cash flow generation of including monetization of non core banner assets gross debt reduction and strengthened balance sheet reduction in operating and finance lease liabilities from divestitures and store closures of cash investments and of total liquidity key metrics | Bed Bath & Beyond
Deck Type
Deck date
January 2021
Slide
10 of 43
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