BBBY · Bed Bath & Beyond Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $1.26B | $1.44B | $1.46B | $1.88B | $1.98B | $1.95B | $2.62B | $2.69B | $1.31B |
| Cost of Revenue | - | $980.25M | $1.04B | $1.11B | $1.21B | $1.38B | $1.32B | $1.66B | $1.70B | $958.96M |
| Gross Profit | - | $278.86M | $398.26M | $349.31M | $668.92M | $601.07M | $633.69M | $956.57M | $987.54M | $348.49M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $583.59M | $634.88M | $637.51M | $697.95M | $652.97M | $658.76M | $890.74M | $850.22M | $724.16M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | $71.10M | - | - | $68.28M | - | - | $83.60M |
| Operating Income | - | ($450.93M) | ($346.20M) | ($339.16M) | ($86.11M) | ($84.11M) | ($71.87M) | ($122.85M) | $270.54M | ($460.93M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $2.89M | $1.35M | $2.06M | $174.55M | ($27.13M) | ($37.26M) | ($65.21M) | $106.31M | ($175.81M) |
| Net Income | - | ($392.97M) | ($366.16M) | ($357.67M) | ($276.43M) | ($73.22M) | ($302.29M) | ($75.44M) | $217.90M | ($302.29M) |
| EPS - Basic | - | ($4.33) | ($4.59) | ($4.49) | ($2.78) | ($0.72) | ($0.48) | ($0.61) | $1.76 | ($2.44) |
| EPS - Diluted | - | ($4.33) | ($4.59) | ($4.49) | ($2.78) | ($0.72) | ($0.48) | ($0.61) | $1.75 | ($2.44) |
Balance Sheet
| Line item | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $65.85M | $153.52M | $135.27M | $107.54M | $509.05M | $970.59M | $1.10B | $1.46B | $1.44B | $1.12B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $817.55M | $1.44B | $1.58B | $1.76B | $1.91B | $1.59B | $1.56B | $1.78B | $2.05B | $2.24B |
| Accounts Payable | $457.92M | $697.89M | $783.68M | $816.58M | $908.07M | $991.50M | $889.88M | $865.42M | $1.03B | $954.75M |
| Current Assets | $1.10B | $1.88B | $1.90B | $2.06B | $2.95B | $3.10B | $3.21B | $3.96B | $3.74B | $3.82B |
| Total Assets | $2.23B | $4.40B | $4.67B | $4.95B | $5.66B | $6.07B | $6.05B | $6.99B | $7.44B | $7.69B |
| Current Liabilities | $2.50B | $2.57B | $1.83B | $2.03B | $2.22B | $2.17B | $2.05B | $2.71B | $2.50B | $2.46B |
| Long-term Debt | $1.03B | $1.03B | $1.73B | $1.38B | $1.18B | $1.18B | $1.18B | $1.19B | $1.19B | $1.72B |
| Total Liabilities | $5.03B | $5.20B | $5.24B | $5.17B | $5.10B | $5.13B | $4.95B | $5.59B | $5.74B | $6.23B |
| Stockholders' Equity | ($2.80B) | ($798.64M) | ($577.65M) | ($220.30M) | $553.61M | $934.23M | $1.11B | $1.40B | $1.70B | $1.46B |
| Retained Earnings | $225.06M | $8.55B | $8.94B | $9.31B | $9.83B | $10.10B | $10.17B | $10.22B | $10.29B | $10.07B |
Cash Flow
| Line item | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($307.60M) | - | ($383.55M) | - | - | ($28.74M) | - | - | ($394.62M) |
| Investing Cash Flow | - | - | - | ($104.85M) | - | - | ($103.52M) | - | - | $314.65M |
| Financing Cash Flow | - | - | - | $156.70M | - | - | ($147.43M) | - | - | $212.67M |
| CapEx | - | - | - | $104.85M | - | - | $73.52M | - | - | $42.35M |
| Free Cash Flow | - | - | - | ($488.40M) | - | - | ($102.26M) | - | - | ($436.98M) |
Ratios
| Metric | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 22.1% | 27.7% | 23.9% | 35.6% | 30.3% | 32.4% | 36.5% | 36.7% | 26.7% |
| Operating margin | - | -35.8% | -24.1% | -23.2% | -4.6% | -4.2% | -3.7% | -4.7% | 10.1% | -35.3% |
| EBITDA margin | - | - | - | -18.3% | - | - | -0.2% | - | - | -28.9% |
| Net margin | - | -31.2% | -25.5% | -24.4% | -14.7% | -3.7% | -15.5% | -2.9% | 8.1% | -23.1% |
| Free cash flow margin | - | - | - | -33.4% | - | - | -5.2% | - | - | -33.4% |
| FCF / Net income | - | - | - | 1.37 | - | - | 0.34 | - | - | 1.45 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 46.3% | 44.2% | 43.6% | 37.2% | 32.9% | 33.7% | 34.0% | 31.6% | 55.4% |
| Effective tax rate | - | - | - | - | - | - | - | - | 32.8% | - |
| Return on assets | - | -8.9% | -7.8% | -7.2% | -4.9% | -1.2% | -5.0% | -1.1% | 2.9% | -3.9% |
| Return on equity | - | 49.2% | 63.4% | 162.4% | -49.9% | -7.8% | -27.3% | -5.4% | 12.8% | -20.7% |
| Return on invested capital | - | -156.6% | -23.7% | -23.1% | -3.9% | -3.1% | -2.5% | -3.7% | 6.3% | -11.4% |
| Liquidity | ||||||||||
| Current ratio | 0.44 | 0.73 | 1.04 | 1.02 | 1.33 | 1.43 | 1.56 | 1.46 | 1.50 | 1.55 |
| Quick ratio | 0.11 | 0.17 | 0.18 | 0.15 | 0.47 | 0.70 | 0.80 | 0.81 | 0.68 | 0.64 |
| Cash ratio | 0.03 | 0.06 | 0.07 | 0.05 | 0.23 | 0.45 | 0.53 | 0.54 | 0.58 | 0.45 |
| Leverage | ||||||||||
| Debt / Equity | -0.37 | -1.28 | -2.99 | -6.26 | 2.13 | 1.26 | 1.07 | 0.85 | 0.70 | 1.18 |
| Debt / Assets | 0.46 | 0.23 | 0.37 | 0.28 | 0.21 | 0.19 | 0.20 | 0.17 | 0.16 | 0.22 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.79 | -5.51 | -8.08 | -22.47 | 10.22 | 6.49 | 5.47 | 4.99 | 4.38 | 5.27 |
| Liabilities / Assets | 2.26 | 1.18 | 1.12 | 1.04 | 0.90 | 0.85 | 0.82 | 0.80 | 0.77 | 0.81 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.29 | 0.31 | 0.30 | 0.33 | 0.33 | 0.32 | 0.37 | 0.36 | 0.17 |
| Inventory turnover | - | 0.68 | 0.66 | 0.63 | 0.63 | 0.87 | 0.84 | 0.93 | 0.83 | 0.43 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | 535d | 554d | 576d | 577d | 420d | 432d | 391d | 440d | 853d |
| Days payable outstanding | - | 260d | 275d | 268d | 274d | 262d | 246d | 190d | 221d | 363d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | 55.4x | - |
| P / B | - | - | - | - | 16.6x | 8.0x | 8.2x | 6.1x | 7.1x | 1.6x |
| P / S | - | 1.8x | 1.4x | 1.8x | 4.9x | 3.8x | 4.7x | 3.3x | 4.5x | 1.7x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -33.0% | -27.6% | -25.1% | -28.3% | -26.2% | 49.4% | -5.1% | -1.2% | -49.2% |
| Revenue CAGR (3y) | - | -23.0% | -19.2% | -17.1% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | -58.3% | -33.7% | -44.9% | -30.1% | -39.1% | 81.8% | 4.7% | 35.8% | -60.7% |
| Operating income growth (YoY) | - | -423.7% | -311.6% | -371.9% | 29.9% | - | 84.4% | -312.8% | - | -13.3% |
| Net income growth (YoY) | - | -42.2% | -400.1% | -18.3% | -266.4% | - | 0.0% | -95.7% | - | 18.5% |
| EPS growth (YoY) | - | -55.8% | -537.5% | -835.4% | -355.7% | - | 80.3% | -96.8% | - | 16.2% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | 37.7% | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | 7.7% | - |
| FCF growth (YoY) | - | - | - | -377.6% | - | - | 76.6% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1171.0% | - | - | - | -60.5% | -44.9% | -24.2% | -24.3% | -10.9% | -29.1% |
Peer comparison
Same SIC group: Retail-Home Furniture, Furnishings & Equipment Stores
Comparing BED BATH & BEYOND INC against the 5 most active filers in the same SIC group.