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2006
2006 Annual Report • Notice of Annual Meeting • Proxy Statement
To Our Fellow Shareholders:
We say it every year. We get to work each day with talented, dedicated people. We hear it from others, from
outside our Company, or who join us from other organizations. We hear it from those who provide merchandise and
services to our Company. Most importantly, we hear it from our customers. We have heard it described as “passion,”
or as a “can-do” attitude. Whatever it is, it has taken a thought in 1971 to a chain of 34 stores in 1992 and, today,
transformed it into a Company that at the end of fiscal 2006 comprised 888 Bed Bath & Beyond, Christmas Tree Shops
and Harmon stores in 48 states, the District of Columbia and Puerto Rico. Now that passion is extended to another
phase in our customers’ life-cycle with the addition of buybuy BABY this past March. We say this every year and never
get tired of it: we are excited about the prospects for our Company, not only for the benefits our continued profitable
growth will present to our customers, shareholders and vendor partners, but for the opportunities that growth will
provide our more than 35,000 associates who amaze us each day with their energy, talent, dedication and hard work.
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