Bed Bath & Beyond (BBBY)

Gross Profit

Gross profit in fiscal 2008, 2007 and 2006 was $2.873 billion or 39.9% of net sales, $2.925 billion or 41.5% of net sales and $2.835 billion or 42.8% of net sales, respectively.

18

Gross Profit

Gross profit in fiscal 2008, 2007 and 2006 was $2.873 billion or 39.9% of net sales, $2.925 billion or 41.5% of net sales and $2.835 billion or 42.8% of net sales, respectively.

17

Gross Profit

Gross profit for the three months ended November 29, 2008 was $692.9 million or 38.9% of net sales compared with $747.9 million or 41.7% of net sales for the three months ended December 1, 2007. Gross profit for the nine months ended November 29, 2008 was $2.088 billion or 39.5% of net sales compared with $2.126 billion or 41.6% of net sales for the nine months ended December 1, 2007. The decreases in gross profit as a percentage of net sales for the three and nine months ended November 29, 2008 were primarily due to increases in inventory acquisition costs, increases in coupon redemptions and the shift in the mix of merchandise sold to lower margin categories.

Gross Profit

Gross profit for the three months ended August 30, 2008 was $739.3 million or 39.9% of net sales compared with $732.2 million or 41.4% of net sales for the three months ended September 1, 2007. Gross profit for the six months ended August 30, 2008 was $1.395 billion or 39.8% of net sales compared with $1.378 billion or 41.5% of net sales for the six months ended September 1, 2007. The decreases in gross profit as a percentage of net sales for the three and six months ended August 30, 2008 were primarily due to an increase in coupon redemptions, an increase in inventory acquisition costs and the shift in the mix of merchandise sold to lower margin categories.

14

Gross Profit

Gross profit for the three months ended May 31, 2008 was $656.0 million or 39.8% of net sales compared with $646.1 million or 41.6% of net sales for the three months ended June 2, 2007. The decrease in gross profit as a percentage of net sales for the three months ended May 31, 2008 was primarily due to an increase in coupon redemptions associated with a heightened promotional environment, an increase in inventory acquisition costs and a shift in the mix of merchandise sold.

Gross Profit

Gross profit in fiscal 2007, 2006 and 2005 was $2.925 billion or 41.5% of net sales, $2.835 billion or 42.8% of net sales and $2.486 billion or 42.8% of net sales, respectively.  The decrease in gross profit between fiscal 2007 and 2006 as a percentage of net sales was primarily due to an increase in coupon redemptions associated with a heightened promotional environment, an increase in inventory acquisition costs and the shift in the mix of merchandise sold, as the Company continues to experience a higher percentage of sales of home furnishings.

Gross Profit

Gross profit for the three months ended December 1, 2007 was $747.9 million or 41.7% of net sales compared with $704.1 million or 43.5% of net sales for the three months ended November 25, 2006. Gross profit for the nine months ended December 1, 2007 was $2.126 billion or 41.6% of net sales compared with $1.972 billion or 42.7% of net sales for the nine months ended November 25, 2006. The decreases in gross profit as a percentage of net sales for the three and nine months ended December 1, 2007 were attributable to a number of factors, including an increase in coupon redemptions associated with a heightened promotional environment, an increase in inventory acquisition costs and a shift in the mix of merchandise sold, as the Company experienced a higher percentage of sales of home furnishings.

Gross Profit

Gross profit for the three months ended September 1, 2007 was $732.2 million or 41.4% of net sales compared with $678.2 million or 42.2% of net sales for the three months ended August 26, 2006. Gross profit for the six months ended September 1, 2007 was $1.378 billion or 41.5% of net sales compared with $1.268 billion or 42.2% of net sales for the six months ended August 26, 2006. The decrease in gross profit as a percentage of net sales for the three and six months ended September 1, 2007 was attributable to a number of factors, including an increase in inventory acquisition costs, a heightened promotional environment and a change in the mix of merchandise sold, due to a higher percentage of sales of home furnishings.

15

Gross Profit

Gross profit for the three months ended June 2, 2007 was $646.1 million or 41.6% of net sales compared with $590.1 million or 42.3% of net sales for the three months ended May 27, 2006.  The decrease in gross profit as a percentage of net sales for the three months ended June 2, 2007 was primarily attributable to an increase in inventory acquisition costs, a shift in the merchandise mix sold and a heightened promotional environment.

14

Gross Profit

Gross profit in fiscal 2006, 2005 and 2004 was $2.835 billion or 42.8% of net sales, $2.486 billion or 42.8% of net sales and $2.186 billion or 42.5% of net sales, respectively.   The increase in gross profit between fiscal 2005 and 2004 as a percentage of net sales was primarily attributable to lower inventory acquisition costs of the Company’s current merchandise offerings.

Gross Profit

Gross profit for the three months ended November 25, 2006 was $704.1 million, or 43.5% of net sales, compared to $615.4 million, or 42.5% of net sales, for the comparable period in fiscal 2005.  Gross profit for the nine months ended November 25, 2006 was $1.972 billion, or 42.7% of net sales, compared to $1.738 billion, or 42.1% of net sales, for the comparable period in 2005. The increases in gross profit as a percentage of net sales for the three and nine months ended November 25, 2006  were driven primarily by the reduction of inventory acquisition costs attributable to the Company’s current merchandise offerings, which included an increase in purchase volume incentives.

Gross Profit

Gross profit for the three months ended August 26, 2006 was $678.2 million, or 42.2% of net sales, compared to $601.8 million, or 42.0% of net sales, for the comparable period in 2005.  Gross profit for the six months ended August 26, 2006 was $1.268 billion, or 42.2% of net sales, compared to $1.123 billion, or 42.0% of net sales, for the comparable period in 2005. The increase in gross profit as a percentage of net sales for the three and six months ended August 26, 2006 was driven primarily by the reduction of inventory acquisition costs attributable to the Company’s current merchandise offerings.

Gross Profit

Gross profit for the three months ended May 27, 2006 was $590.1 million or 42.3% of net sales compared with $520.8 million or 41.8% of net sales for the three months ended May 28, 2005. The increase in gross profit as a percentage of net sales for the three months ended May 27, 2006 was driven primarily by the reduction of inventory acquisition costs attributable to the Company’s current merchandise offerings.

Gross Profit

Gross profit in fiscal 2005, 2004 and 2003 was $2.486 billion or 42.8% of net sales, $2.186 billion or 42.5% of net sales and $1.877 billion or 41.9% of net sales, respectively. The increase in gross profit between fiscal 2005 and 2004 and between fiscal 2004 and 2003 as a percentage of net sales was primarily attributable to lower inventory acquisition costs of the Company’s current merchandise offerings.

15

Gross Profit

Gross profit for the three and nine months ended November 26, 2005 was $615.4 million and $1.738 billion, or 42.5% and 42.1% of net sales, respectively.  Gross profit for the three and nine months ended November 27, 2004 was $548.2 million and $1.536 billion, or 42.0% and 41.7% of net sales, respectively.  The increase in gross profit as a percentage of net sales for the three and nine months ended November 26, 2005 was driven primarily by the reduction of inventory acquisition costs attributable to the Company’s current merchandise offerings.

Gross Profit

Gross profit for the three and six months ended August 27, 2005 was $601.8 million and $1.123 billion, or 42.1% and 42.0% of net sales, respectively.  Gross profit for the three and six months ended August 28, 2004 was $530.8 million and $987.6 million, or 41.7% and 41.6% of net sales, respectively.  The increase in gross profit as a percentage of net sales for the three and six months ended August 27, 2005 was driven primarily by the reduction of inventory acquisition costs attributable to the Company’s current merchandise offerings.

Gross Profit

Gross profit for the three months ended May 28, 2005 was $520.8 million or 41.8% of net sales, compared with $456.8 million or 41.5% of net sales for the three months ended May 29, 2004.  The increase in gross profit as a percentage of net sales was driven primarily by the reduction of inventory acquisition costs attributable to the Company’s current merchandise offerings.

Gross Profit

Gross profit in fiscal 2004, 2003 and 2002 was $2.186 billion or 42.5% of net sales, $1.877 billion or 41.9% of net sales and $1.519 billion or 41.4% of net sales, respectively.  The increase in gross profit between fiscal 2004 and 2003 as a percentage of net sales was primarily attributable to the reduction of inventory acquisition costs of the Company’s current merchandise offerings.  The increase in gross profit between fiscal 2003 and 2002 as a percentage of net sales was primarily attributable to improvements in both the markup and in markdowns taken.

16

Gross Profit

Gross profit for the three and nine months ended November 27, 2004 was $548.2 million and $1.536 billion, or 42.0% and 41.7% of net sales, respectively.  Gross profit for the three and nine months ended November 29, 2003 was $487.0 million and $1.313 billion, or 41.5% and 41.3% of net sales, respectively.  The increase in gross profit as a percentage of net sales for the three and nine months ended November 27, 2004 was driven primarily by the reduction of inventory acquisition costs which resulted in part from favorable shifts in the sales mix attributable to the Company’s current merchandise offerings, as well as the Company’s procurement initiatives to improve gross profit.

Gross Profit

Gross profit for the three and nine months ended November 27, 2004 was $548.2 million and $1.536 billion, or 42.0% and 41.7% of net sales, respectively.  Gross profit for the three and nine months ended November 29, 2003 was $487.0 million and $1.313 billion, or 41.5% and 41.3% of net sales, respectively.  The increase in gross profit as a percentage of net sales for the three and nine months ended November 27, 2004 was driven primarily by the reduction of inventory acquisition costs which resulted in part from favorable shifts in the sales mix attributable to the Company’s current merchandise offerings, as well as the Company’s procurement initiatives to improve gross profit.