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Bed Bath & Beyond (Bed Bath & Beyond) Net Income : $-3,499 Mil (TTM As of Feb. 2023)


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What is Bed Bath & Beyond Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bed Bath & Beyond's Net Income for the three months ended in Feb. 2023 was $-2,382 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2023 was $-3,499 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bed Bath & Beyond's Earnings per Share (Diluted) for the three months ended in Feb. 2023 was $-17.21.


Bed Bath & Beyond Net Income Historical Data

The historical data trend for Bed Bath & Beyond's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bed Bath & Beyond Net Income Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -137.22 -613.82 -150.77 -559.62 -3,498.80

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -159.11 -357.67 -366.16 -392.97 -2,382.01

Bed Bath & Beyond Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bed Bath & Beyond's Net Income for the fiscal year that ended in Feb. 2023 is calculated as

Net Income(A: Feb. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3529.87+31.069+0+0
=-3,499

Bed Bath & Beyond's Net Income for the quarter that ended in Feb. 2023 is calculated as

Net Income(Q: Feb. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2419.379+37.369+0+-4.5474735088646E-13
=-2,382

Net Income for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,499 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bed Bath & Beyond  (OTCPK:BBBYQ) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bed Bath & Beyond's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bed Bath & Beyond Net Income Related Terms

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Bed Bath & Beyond (Bed Bath & Beyond) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.
Executives
Carol Flaton director 1001 LOUISIANA STREET, HOUSTON TX 77002
Scott Lindblom officer: EVP, Chief Tech & Digital OFC 650 LIBERTY AVENUE, UNION NJ 07083
Patty Wu officer: EVP, BRAND PRESIDENT 650 LIBERTY AVENUE, UNION NJ 07083
Hobart Sichel officer: EVP,CHF MARKET'G&CUSTOMER OFC 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Kastin officer: EVP, CHIEF LEGAL OFFICER C/O VITAMIN SHOPPE, INC., SECAUCUS NJ 07094
Gustavo Arnal officer: EVP, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Rc Ventures Llc 10 percent owner, other: See Footnote 1 PO BOX 25250, PMB 30427, MIAMI FL 33102
Ryan Cohen 10 percent owner, other: See Footnote 1 C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Laura Crossen officer: SVP, CHIEF ACCOUNTING OFFICER C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Mara Sirhal officer: EVP, CHIEF MERCHANDISING OFC C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Harriet Edelman director
Jeff Kirwan director TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Sue Gove director, officer: INTERIM CEO 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Mark J Tritton director, officer: PRESIDENT AND CEO TARGET CORPORATION, 1000 NICOLLET MALL, MINNEAPOLIS MN 55403