Bed Bath & Beyond Inc. provided financial guidance for the first quarter and full year of fiscal 2021. The company reaffirming fiscal 2021 outlook for net sales of between $8.0 - $8.2 billion. The Company's fiscal 2021 first quarter net sales will be impacted by comparisons to last year when the majority of its stores were closed due to the COVID-19 pandemic, as well as by non-core banner divestitures and its ongoing fleet optimization program. Directionally, the Company expects its fiscal 2021 first quarter net sales, on a reported basis, to increase by over 40% versus the prior year period when the vast majority of its stores were closed due to the COVID-19 pandemic and in spite of non-core banner divestitures. Excluding the impact from divested businesses in both periods, the Company expects first quarter net sales growth of its Core Go-Forward banners to be much higher by approximately +65 to +70%.