Bed Bath & Beyond Inc. (BBBY) Financial Statements (2024 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)Annual | Quarterly
2/28/2023 Q4 | 11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 154 | 135 | 108 | 439 | 509 | 1,001 | |||
Cash and cash equivalents | 154 | 135 | 108 | 439 | 509 | 971 | |||
Short-term investments | 30 | ||||||||
Restricted cash and investments | 57 | 5 | |||||||
Receivables | 27 | ||||||||
Inventory, net of allowances, customer advances and progress billings | 1,436 | 1,576 | 1,760 | 1,725 | 1,912 | 1,591 | |||
Inventory | 1,436 | 1,576 | 1,760 | 1,725 | 1,912 | 1,591 | |||
Other undisclosed current assets | 231 | 193 | 190 | 172 | 527 | 505 | |||
Total current assets: | 1,878 | 1,904 | 2,057 | 2,363 | 2,947 | 3,101 | |||
Noncurrent Assets | |||||||||
Finance lease, right-of-use asset, after accumulated amortization | 64 | 56 | 49 | 39 | |||||
Operating lease, right-of-use asset | 1,322 | 1,469 | 1,597 | 1,563 | 1,604 | 1,669 | |||
Property, plant and equipment | (1,800) | (1,800) | |||||||
Long-term investments and receivables | 21 | 20 | 19 | 19 | 19 | 19 | |||
Long-term investments | 21 | 20 | 19 | 19 | 19 | 19 | |||
Intangible assets, net (including goodwill) | 16 | ||||||||
Intangible assets, net (excluding goodwill) | 16 | ||||||||
Restricted cash and investments | 15 | 31 | 31 | 31 | 31 | 49 | |||
Other noncurrent assets | 130 | 152 | 156 | 158 | 162 | 360 | |||
Other undisclosed noncurrent assets | 972 | 1,034 | 1,039 | 941 | 2,693 | 2,669 | |||
Total noncurrent assets: | 2,523 | 2,762 | 2,892 | 2,767 | 2,709 | 2,966 | |||
TOTAL ASSETS: | 4,401 | 4,667 | 4,949 | 5,131 | 5,657 | 6,068 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,054 | 1,178 | 1,366 | 1,402 | 1,557 | 1,506 | |||
Accounts payable | 698 | 784 | 817 | 872 | 908 | 992 | |||
Accrued liabilities | 356 | 394 | 550 | 529 | 649 | 514 | |||
Debt | 916 | 7 | 2 | 2 | |||||
Derivative instruments and hedges, liabilities | |||||||||
Other undisclosed current liabilities | 602 | 643 | 658 | 670 | 662 | 661 | |||
Total current liabilities: | 2,572 | 1,828 | 2,026 | 2,075 | 2,219 | 2,167 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 1,026 | 3,209 | 2,942 | 2,688 | 2,713 | 2,790 | |||
Long-term debt, excluding current maturities | 1,026 | 1,730 | 1,380 | 1,180 | 1,180 | 1,180 | |||
Liabilities, other than long-term debt | 1,602 | 206 | 201 | 194 | 172 | 177 | |||
Accounts payable and accrued liabilities | 93 | 92 | 90 | 91 | 102 | 102 | |||
Other liabilities | 120 | 114 | 111 | 102 | 70 | 75 | |||
Operating lease, liability | 1,388 | 1,479 | 1,562 | 1,508 | 1,533 | 1,610 | |||
Total noncurrent liabilities: | 2,628 | 3,416 | 3,143 | 2,882 | 2,884 | 2,967 | |||
Total liabilities: | 5,200 | 5,244 | 5,169 | 4,956 | 5,103 | 5,133 | |||
Equity | |||||||||
Equity, attributable to parent | (799) | (578) | (220) | 174 | 554 | 934 | |||
Common stock | 4 | 3 | 3 | 3 | 3 | 3 | |||
Treasury stock, value | (11,731) | (11,729) | (11,728) | (11,685) | (11,455) | (11,336) | |||
Additional paid in capital | 2,428 | 2,253 | 2,243 | 2,236 | 2,227 | 2,218 | |||
Accumulated other comprehensive income (loss) | (49) | (48) | (47) | (46) | (48) | (53) | |||
Retained earnings | 8,550 | 8,942 | 9,309 | 9,666 | 9,825 | 10,102 | |||
Total equity: | (799) | (578) | (220) | 174 | 554 | 934 | |||
TOTAL LIABILITIES AND EQUITY: | 4,401 | 4,667 | 4,949 | 5,131 | 5,657 | 6,068 |
Income Statement (P&L) ($ in millions)Annual | Quarterly
2/28/2023 Q4 | 11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 1,259 | 1,437 | 1,463 | 2,051 | 1,878 | 1,985 | ||
Cost of revenue (Cost of Goods and Services Sold) | (980) | (1,039) | (1,114) | (1,472) | (1,209) | (1,384) | ||
Gross profit: | 279 | 398 | 349 | 580 | 669 | 601 | ||
Operating expenses | (684) | (690) | (664) | (701) | (714) | (661) | ||
Other undisclosed operating loss | (45) | (54) | (24) | (45) | (41) | (24) | ||
Operating loss: | (451) | (346) | (339) | (165) | (86) | (84) | ||
Interest and debt expense | 94 | (2) | (0) | (0) | ||||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (16) | |||||||
Loss from continuing operations before equity method investments, income taxes: | (357) | (348) | (340) | (165) | (86) | (100) | ||
Other undisclosed loss from continuing operations before income taxes | (34) | (17) | (16) | (17) | (16) | |||
Loss from continuing operations before income taxes: | (390) | (365) | (356) | (182) | (102) | (100) | ||
Income tax expense (benefit) | (3) | (1) | (2) | 23 | (175) | 27 | ||
Loss from continuing operations: | (393) | (366) | (358) | (159) | (276) | (73) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | (366) | (358) | (159) | (276) | (73) | |
Net loss available to common stockholders, diluted: | (393) | (366) | (358) | (159) | (276) | (73) |
Comprehensive Income ($ in millions)Annual | Quarterly
2/28/2023 Q4 | 11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (393) | (366) | (358) | (159) | (276) | (73) | ||
Comprehensive loss: | (393) | (366) | (358) | (159) | (276) | (73) | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | (1) | (1) | 2 | 6 | (8) | ||
Comprehensive loss, net of tax, attributable to parent: | (394) | (367) | (359) | (157) | (271) | (82) |
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.