{
  "docId": "019de513-bc2e-74a3-81b1-74bdfb24e0ae",
  "docSlug": "eda954bad81139c14f79116cd22e27d9",
  "documentTitle": "Bed Bath & Beyond | Investor Day Presentation Deck | 15 slides",
  "authorId": "bed-bath-beyond",
  "authorName": "Bed Bath & Beyond",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 6,
  "pageCount": 15,
  "prevPage": 5,
  "nextPage": 7,
  "slideType": "propose_solution",
  "function": "propose_solution",
  "density": "dense",
  "nDataPoints": 10,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de513-bc2e-74a3-81b1-74bdfb24e0ae/6",
  "deckHref": "/decks/019de513-bc2e-74a3-81b1-74bdfb24e0ae",
  "deckJsonHref": "/decks/019de513-bc2e-74a3-81b1-74bdfb24e0ae.json",
  "deckAnchorHref": "/decks/019de513-bc2e-74a3-81b1-74bdfb24e0ae#slide-6",
  "components": [
    {
      "bbox": {
        "h": 0.75,
        "w": 0.35,
        "x": 0.59,
        "y": 0.14
      },
      "kind": "chart",
      "text": "Q2'22 Liquidity $0.5B, ABL Availability $0.3B, Total Cash & Investments $0.2B; Pro Forma Liquidity ~$1.0B, NEW FILO Proceeds $0.4B, Incremental ABL Availability $0.1B, ABL Availability $0.3B, Total Cash & Investments $0.2B",
      "attrs": null,
      "subkind": "bar-stacked",
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      "componentId": "2b8631ea-c341-471f-9cbb-a83a67b21f64",
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        "w": 0.48,
        "x": 0.059,
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      },
      "kind": "list",
      "text": "Secured commitments for more than $500M of incremental liquidity\nExpanded ABL facility of $1.13B\n$375M in the form of a first-in, last out (\"FILO\") loan\nEnhanced liquidity to support immediate priorities, including rebalancing assortment and inventory to drive traffic, vendor support\nFiled S-3 to facilitate raising incremental equity capital\nPreparing initiation of an at the market offering program (\"ATM\") for up to 12M shares of common stock\nProvides optionality to augment liquidity, invest in business or reduce leverage/interest expense\nFocused on further strengthening long-term capital structure\nAdditional new capital preserves flexibility to execute on long-term capital structure objectives\nEvaluating options to further enhance capital structure, reduce debt and interest expense",
      "attrs": null,
      "subkind": "bullet",
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        "x": 0.038,
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      },
      "kind": "source-note",
      "text": "Based on approximately $130M of outstanding LCs and $550M of borrowings as of Q2'2022\nPro forma based on Q2'2022 ending liquidity plus FILO loan and ABL commitment increase",
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  "arcBeats": [
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      "to": 10,
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      "beatId": "ba3d452e-4d47-4c78-86bf-6e9ecf33ce64",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "The deck proposes solutions, including capital structure objectives, cost optimization, and growth strategies",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 10,
      "from": 5,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "3f10a701-7901-41a8-8f75-f78d325f9bd6",
      "evidence": "The deck presents the consequences of inaction, highlighting the need for sweeping changes",
      "position": 0,
      "objective": "to justify the need for change",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    },
    {
      "to": 9,
      "from": 6,
      "name": "Quick Win Big Bet",
      "slug": "47-quick-win-big-bet",
      "bestFor": "Transformation planning, 100-day plans, resource allocation",
      "matchId": "ff4cf4db-4147-49aa-9a56-f97953c3e99e",
      "evidence": "The deck proposes solutions, including cost optimization and growth strategies",
      "position": 1,
      "objective": "to present strategic initiatives",
      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.6,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
    }
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  "locked": true
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