Bed Bath & Beyond Inc. (BBBY) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
650 LIBERTY AVENUE UNION, NJ 07083 |
| State of Incorp. | NY |
| Fiscal Year End | February 28 |
| Industry (SIC) | 57 - Home Furniture, Furnishings, And Equipment Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 439 | 1,353 | 1,386 | 995 | 724 | 488 | |||
| Cash and cash equivalent | 439 | 1,353 | 1,000 | 509 | 346 | 488 | |||
| Short-term investments | 386 | 486 | 378 | ||||||
| Restricted cash and investments | |||||||||
| Receivables | 27 | 318 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 1,725 | 1,672 | 2,094 | 2,619 | 2,731 | 2,906 | |||
| Inventory | 1,725 | 1,672 | 2,094 | 2,619 | 2,731 | 2,906 | |||
| Other current assets | 417 | ||||||||
| Other undisclosed current assets | 172 | 277 | 346 | 296 | 516 | ||||
| Total current assets: | 2,363 | 3,620 | 3,826 | 3,910 | 3,971 | 3,811 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 39 | 69 | ✕ | ✕ | ✕ | ||||
| Operating lease, right-of-use asset | 1,563 | 1,587 | 2,007 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,853 | 1,909 | 1,837 | ||||||
| Long-term investments and receivables | 19 | 20 | 20 | 20 | 20 | 90 | |||
| Long-term investments | 19 | 20 | 20 | 20 | 20 | 90 | |||
| Intangible assets, net (including goodwill) | 16 | 22 | 91 | 391 | 716 | 697 | |||
| Goodwill | 391 | 716 | 697 | ||||||
| Intangible assets, net (excluding goodwill) | 16 | 22 | 91 | ||||||
| Restricted cash and investments | 31 | ||||||||
| Other noncurrent assets | 158 | 312 | 506 | 396 | 425 | 411 | |||
| Other undisclosed noncurrent assets | 941 | 896 | 1,270 | ||||||
| Total noncurrent assets: | 2,767 | 2,837 | 3,964 | 2,661 | 3,070 | 3,035 | |||
| TOTAL ASSETS: | 5,131 | 6,457 | 7,791 | 6,571 | 7,041 | 6,846 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,402 | 1,622 | 1,620 | 1,738 | 1,831 | 1,723 | |||
| Taxes payable | ✕ | 20 | 60 | ||||||
| Accounts payable | 872 | 986 | 944 | 1,094 | 1,198 | 1,179 | |||
| Accrued liabilities | 529 | 636 | 676 | 624 | 633 | 484 | |||
| Debt | 2 | 465 | |||||||
| Derivative instruments and hedges, liabilities | |||||||||
| Other undisclosed current liabilities | 670 | 673 | 382 | 339 | 335 | 309 | |||
| Total current liabilities: | 2,075 | 2,295 | 2,467 | 2,078 | 2,166 | 2,033 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,688 | 2,700 | 3,307 | 1,488 | 1,492 | 1,492 | |||
| Long-term debt, excluding current maturities | 1,180 | 1,190 | 1,488 | 1,488 | 1,492 | 1,492 | |||
| Liabilities, other than long-term debt | 194 | 185 | 252 | 124 | 159 | 287 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 200 | |||
| Accounts payable and accrued liabilities | 91 | 103 | 47 | 49 | 63 | 68 | |||
| Deferred rent credit | 75 | 82 | ✕ | ||||||
| Liability, pension and other postretirement and postemployment benefits | 14 | 19 | |||||||
| Other liabilities | 102 | 82 | 205 | ||||||
| Operating lease, liability | 1,508 | 1,510 | 1,819 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 320 | 336 | 316 | ||||||
| Total noncurrent liabilities: | 2,882 | 2,885 | 3,559 | 1,933 | 1,986 | 2,094 | |||
| Total liabilities: | 4,956 | 5,180 | 6,026 | 4,010 | 4,152 | 4,127 | |||
| Equity | |||||||||
| Equity, attributable to parent | 174 | 1,277 | 1,765 | 2,560 | 2,889 | 2,719 | |||
| Common stock | 3 | 3 | 3 | 3 | 3 | 3 | |||
| Treasury stock, value | (11,685) | (11,048) | (10,716) | (10,616) | (10,468) | (10,216) | |||
| Additional paid in capital | 2,236 | 2,152 | 2,167 | 2,119 | 2,058 | 1,975 | |||
| Accumulated other comprehensive income (loss) | (46) | (56) | (65) | (59) | (48) | (47) | |||
| Retained earnings | 9,666 | 10,225 | 10,375 | 11,113 | 11,344 | 11,004 | |||
| Total equity: | 174 | 1,277 | 1,765 | 2,560 | 2,889 | 2,719 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,131 | 6,457 | 7,791 | 6,571 | 7,041 | 6,846 | |||
Income Statement (P&L) ($ in millions)
| 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,868 | 9,233 | 11,159 | 12,029 | 12,349 | 12,216 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 12,216 | ||
| Cost of revenue | (5,384) | (6,115) | (7,617) | (7,925) | (7,906) | (7,639) | ||
| Cost of product and service sold | (5,384) | (6,115) | (134) | (7,925) | (126) | (7,639) | ||
| Gross profit: | 2,483 | 3,118 | 3,542 | 4,104 | 4,443 | 4,576 | ||
| Operating expenses | (2,747) | (3,353) | (4,242) | (4,191) | (3,682) | (3,441) | ||
| Other undisclosed operating loss | (144) | (102) | ||||||
| Operating income (loss): | (408) | (337) | (700) | (87) | 761 | 1,135 | ||
| Nonoperating expense (Investment Income, Nonoperating) | ||||||||
| Interest and debt expense | (0) | 77 | (9) | 0 | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (77) | (56) | (70) | (66) | (70) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (408) | (337) | (765) | (157) | 696 | 1,066 | ||
| Other undisclosed loss from continuing operations before income taxes | (65) | |||||||
| Income (loss) from continuing operations before income taxes: | (473) | (337) | (765) | (157) | 696 | 1,066 | ||
| Income tax expense (benefit) | (87) | 186 | 151 | 19 | (271) | (381) | ||
| Income (loss) from continuing operations: | (560) | (151) | (614) | (137) | 425 | 685 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (560) | (151) | (614) | (137) | 425 | 685 | |
| Net income (loss) available to common stockholders, diluted: | (560) | (151) | (614) | (137) | 425 | 685 | ||
Comprehensive Income ($ in millions)
| 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (560) | (151) | (614) | (137) | 425 | 685 | ||
| Other comprehensive income | 1 | 3 | 1 | 1 | 3 | |||
| Comprehensive income (loss): | (560) | (150) | (611) | (136) | 426 | 688 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 10 | 8 | (9) | (12) | (2) | 5 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (550) | (141) | (620) | (148) | 424 | 693 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.