Revenue segments as reported by the company.

Domestic segment

International segment

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Restructuring charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Best Buy

MegaPath is a business telecommunications company, founded in 1996, that provides a Voice, Unified Communications, Internet Access, Managed Security Services, and Cloud Computing services to carrier and service-provider businesses in the United States.

MegaPath

Pacific Sales is a wholly owned subsidiary of Best Buy. They were originally opened with one store in Torrance, California. They offer high to mid range appliances as well as an assortment of home electronics and other home improvement products. When the company was purchased by Best Buy in 2006, the decision was made to keep the brand and company intact, unlike other companies such as Magnolia who was absorbed into the Best Buy brand. Since then, the company has opened over 35 stores in California, Nevada and Arizona, and had opened stores within existing Best Buy stores in Texas and Hawaii as well as California, Nevada and Arizona to offer higher end appliances than are currently available in Best Buy.

Pacific Sales

Geek Squad is a subsidiary of American multinational consumer electronics corporation Best Buy, headquartered in Richfield, Minnesota. The subsidiary was originally an independent company founded by "Chief Inspector" Robert Stephens on June 16, 1994, and offers various computer-related services and accessories for residential and commercial clients. In 2002, they merged with Best Buy, retaining Stephens as the primary corporate leadership for the subsidiary. The Geek Squad provides services in-store, on-site, and over the Internet via remote access, and also provides 24-hour telephone and emergency on-site support. Geek Squad no longer works solely on computer-related devices. It now diagnoses issues in and repairs all consumer electronics, as well as appliances, continually expanding its services to keep pace with ever-changing technology.

Geek Squad

Best Buy Co., Inc. engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment includes operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales. The International segment is made up of all operations outside the U.S. and its territories, including Canada, Europe, China, Mexico, and Turkey. It also markets its products under the brand names: Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia and Pacific Kitchen and Home. The company was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Best Buy Q1 Sales Meet Expectations Amid Intense Promotional Environment

Best Buy's Q1 performance met expectations, but challenges in the promotional environment impacted profitability. The company is revamping its membership program to drive continued profit rate expansion and is optimistic about industry growth in 2024.

Best Buy surpasses Q2 expectations, eyes growth amid industry challenges

Best Buy's Q2 performance exceeded expectations, driven by strategic management of promotional plans and a strong membership program. The company is investing in employee development and technology to enhance customer experiences. While facing industry challenges and inflationary pressures, Best Buy is well-positioned to capitalize on potential growth in the consumer electronics industry and explore new service opportunities.

Best Buy reports Q3 decline but sees opportunities in innovation

Best Buy faced a decline in comparable sales but improved its gross profit rate. The company's membership program and store portfolio management are driving improved profitability. While challenges in comparable sales and gross profit rate persist, Best Buy sees opportunities in innovation, growth initiatives, and supply chain enhancements.

Best Buy reports solid Q4 performance, eyes growth opportunities

Best Buy navigated Q4 with solid sales and profitability, focusing on key shopping periods and strategic initiatives for growth.
Despite challenges in the consumer electronics industry, the company is poised to capitalize on industry growth opportunities in 2024.
Efforts to enhance membership programs, drive innovation through vendor partnerships, and optimize cost structures position Best Buy for success.
Continued monitoring of consumer behavior and adaptation to macroeconomic factors will be crucial for Best Buy's performance in 2023.

Best Buy maintains profitability amidst sales challenges, eyes industry growth

Best Buy navigated Q1 challenges with a focus on profitability, digital sales, and inventory management, positioning for comp performance improvement.
The company's strengths lie in its commitment to diversity, efficiency improvements, B2B growth, and employee engagement, while facing promotional pressures and sales challenges.
Opportunities for growth include industry stabilization, rebounding from challenges through innovation, and optimizing ROIC through strategic investments.
Overall, Best Buy's strategic focus on profitability, efficiency, and growth avenues sets a positive trajectory amidst industry dynamics and macroeconomic pressures.

Best Buy beats Q2 expectations, eyes tech upgrade cycle growth

Best Buy remains optimistic about future opportunities and growth through existing and emerging technologies.
Confidence in market position with maintained or increased share in established categories and strategic partnerships.
Customer engagement through membership tiers aims to drive increased share of wallet and repeat business in consumer electronics.

Best Buy reports Q3 operational strength amidst sales challenges

Best Buy's Q3 performance showcased operational strength amidst industry challenges. The company's membership program success and strategic promotional plans are key strengths. Challenges include softer consumer demand and inflation pressures, while opportunities lie in enhancing omnichannel capabilities and driving innovation.
Despite a Q3 sales decline, Best Buy is strategically positioned for growth with a focus on customer experience enhancements and store format optimizations. The company's competitive success is driven by differentiated services and strong vendor partnerships. Best Buy's financial outlook remains stable with a focus on profitability and operational efficiency.

Best Buy beats profit expectations, eyes growth through innovation

Best Buy's Q4 performance was strong, with profitability exceeding expectations despite a decline in comparable sales. The company's focus on customer experiences, operational efficiency, and revenue diversification sets the stage for future growth. Challenges lie in managing expenses and navigating a competitive landscape, while opportunities exist in revenue streams and seamless customer experiences.

Best Buy beats Q1 profit expectations, focuses on AI growth

Best Buy's Q1 performance exceeded expectations with a focus on profitability and strategic growth despite a decline in comparable sales.
The company's strengths lie in membership program growth, successful product launches, and AI implementation for enhanced customer experiences.
Challenges include revenue declines in certain product categories, increased promotionality impacting margins, and the need for continued innovation.
Opportunities include the debut of AI PCs, enhancing customer experiences through AI, and exploring partnerships for growth and operational efficiency.

Best Buy beats Q2 expectations, focuses on customer experience innovation

Best Buy delivered better-than-expected results in Q2, driven by strong performance in key categories and cost management. Despite challenges in certain segments, the company remains focused on enhancing customer experiences and operational efficiency. With a strategic outlook on innovation and customer engagement, Best Buy aims to navigate market challenges and drive future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Freeport-McMoRan

Lowe's

Newmont Mining

U.S. equities were down at midday as a string of retailers warned about consumer spending heading into the key holiday shopping season. The Dow, S&P 500, and Nasdaq all fell.

Midday Movers: Best Buy and Lowe's Drop, Newmont and Freeport-McMoRan Gain

Best Buy (BBY) shares slumped as the electronics retailer's sales declined and it cut its guidance on a slowdown in consumer spending.

Best Buy Shares Fall After Cutting Its Outlook, Citing 'Uneven' Demand

Best Buy (BBY) reports third-quarter fiscal 2024, wherein its enterprise revenues decline by 7.8% year over year due to a 6.9% fall in comparable sales.

Best Buy (BBY) Q3 Earnings Beat Estimates, Sales View Down

Best Buy Co., Inc. (NYSE:BBY ) Q3 2024 Earnings Call Transcript November 21, 2023 8:00 AM ET Company Participants Mollie O'Brien - VP, IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Chris Horvers - JPMorgan Peter Keith - Piper Sandler Mike Baker - D.A. Davidson Steven Zaccone - Citi Jonathan Matuszewski - Jefferies Steven Forbes - Guggenheim Operator Ladies and gentlemen, thank you for standing by.

Best Buy Co., Inc. (BBY) Q3 2024 Earnings Call Transcript

Abercrombie & Fitch

Dick's Sporting Goods

Kohl's

The holiday season is typically the weakest for home improvement retail stores, and this year is no different.

5 Retailers Reported Earnings Tuesday Morning; Only One Is a Winner

Home Depot

NVIDIA

As we are nearly through the entire S&P 500 for another earnings season, we look for today to be largely affected by earnings results, mostly among specialty retailers.

Big Morning for Q3 Earnings in Retail: DKS, ANF, BBY & More

The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended October 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Best Buy (BBY) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The company's earnings came in ahead of expectations, but revenue trends are still choppy.

Best Buy Misses on Sales and Lowers Guidance. Consumer Demand Is 'Uneven.

Consumer electronics retailer Best Buy beat Wall Street's earnings target for its fiscal Q3 but sales were weaker than expected.

Best Buy Beats Earnings Goal On Weak Sales, Gives Cautious Outlook

Best Buy Co shares slipped 3.0% in pre-market trading after the retailer cut full-year guidance as a fall in the sales of appliances led to softer-than-expected third quarter sales.  The Richfield, Minnesota-based consumer electronics retailer now expects fourth quarter comparable sales to decline in the range of 3.0% to 7.0%, with full-year revenue expected between $43.1 billion to $43.7 billion, compared to prior guidance of $43.8 billion to $44.5 billion.

Best Buy cuts guidance on softer-than-expected third quarter sales

Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.

Best Buy cuts sales forecast, as holiday shoppers hunt for deals

Best Buy Co. Inc.'s stock BBY fell 2.4% in premarket trade Tuesday, after the electronics retailer posted weaker-than-expected third-quarter revenue and lowered guidance to reflect a choppy and uncertain environment. The company had net income of $263 million, or $1.21 a share, for the quarter, down from $277 million, or $1.22 a share, in the year-earlier period.

Best Buy's stock slides premarket after revenue miss and as retailer lowers guidance

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter ended October 28, 2023 (“Q3 FY24”), as compared to the 13-week third quarter ended October 29, 2022 (“Q3 FY23”).             Q3 FY24 Q3 FY23 Revenue ($ in millions)         Enterprise $ 9,756   $ 10,587   Domestic segment $ 8,996   $ 9,800   International segment $ 760   $ 787   Enterprise comparable sales % change1   (6.9 )%   (10.4 )% Domestic comparable sales % change1   (7.3 )%.

Best Buy Reports Third Quarter Results

Options bulls have their eyes set on Best Buy Co Inc (NYSE:BBY) ahead of the retailer's third-quarter earnings report, due before tomorrow's open.

Why Bulls Are Placing Bets on Best Buy Stock

We expect the retailer's stock to increase post-fiscal Q3 with revenues and earnings beating estimates slightly.

Down 15% This Year, Where Is Best Buy Stock Headed Post Q3?

Nordstrom

We're flattish this morning, with indices seesawing on either side of the zero balance.

Holiday-Shortened Week Starting Mixed

Affirm

Amazon

Goldman Sachs

Shopify

Block

The 2023 holiday shopping season has arrived, and more consumers will be doing their shopping online. While nearly every store now has an online presence with omnichannel capabilities, certain stocks can benefit directly from e-commerce activity during this season.

Here's your e-commerce stock bundle for the holidays

Best Buy's 5% dividend yield makes this a tempting buy for income. However, I would not recommend starting a position here. The company's slow adaptation to the changing economy and insufficient store closures put it at risk of profit loss. Best Buy has no standout shopping experiences and will ultimately continue to lose market share to competitors.

Best Buy: The 5% Dividend Is Not Worth The Risk

Beyond analysts' top -and-bottom-line estimates for Best Buy (BBY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2023.

Exploring Analyst Estimates for Best Buy (BBY) Q3 Earnings, Beyond Revenue and EPS

Best Buy Co Inc (NYSE:BBY) expects to report a drop in sales for the third quarter as demand weakness for consumer electronics due to inflationary pressures continues to weigh on the retailer.   It expects to report a slight quarter-over-quarter improvement in its sales from negative 6.2% in 2Q.

Best Buy expected to report another drop in quarterly sales for 3Q

Ford Motor Company

Many on the Street have incorrectly believed the Federal Reserve was extremely hawkish and tremendously dedicated to its 2% inflation target. A huge number of investors also inaccurately thought that inflation would be extremely “sticky” and impossible to bring down without causing a recession.

3 Compelling Cheap Stocks to Buy Heading Into Year-End

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Watch what I do, not what I say.

Will Shrink Strike Again? DICK'S and Best Buy Highlight Week 2 of Retail Earnings

Pfizer

Walgreens

Marketbeat's stock screening tools are a wealth of investment ideas, including the 52-week low list. Stocks trading at 52-week lows often provide oversold value ready to spring back, given the right catalysts.

4 high yields near 52-week lows worth looking at

Subscribers to our new  In-the-Money Countdown (ITMC ) service scored a 101% profit in just three trading sessions with our Best Buy Co Inc (NYSE:BBY) weekly 11/10 70-strike put.

Options Traders Scored a Profit With This Best Buy Trade

MINNEAPOLIS & BOSTON--(BUSINESS WIRE)--Best Buy Health and Mass General Brigham are collaborating to support a new model of healthcare delivery that serves patients where they want to be — at home. Together, they will develop solutions to support the transformational movement of shifting healthcare to patients' homes by improving how quality and safe care are provided with technology and clinical expertise. Their first priority is to scale and support Mass General Brigham's Home Hospital. This.

News for Best Buy Stock (BBY)