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

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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

While Best Buy is feeling a pullback in consumer spending they have not experienced the high levels of theft that has devastated other retailers' bottom lines.

Best Buy Tops Estimates While Keeping ‘Shrinkage' At Bay

Electronics retailer Best Buy Co. Inc. (NYSE: BBY) announced mediocre earnings and gave an even more mediocre forecast.

Amazon Beats Up Best Buy

Weak demand for PCs, smartphones, and appliances is wreaking havoc on Best Buy's sales. The retailer remains profitable, and its margins are holding up well despite the tough environment.

Is It Time to Buy Best Buy Stock?

Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances.

Best Buy Tops Quarterly Expectations but Lowers Outlook on Falling Sales

Best Buy (BBY) reports better-than-expected second-quarter fiscal 2024 earnings. However, its sales decline from the year-ago quarter due to weak enterprise comparable sales.

Best Buy (BBY) Q2 Earnings Beat, Comparable Sales Dip 6.2% Y/Y

Best Buy's CEO said we're in "the low point in tech demand after two years of sales declines." Shoppers are spending more on experiences and preparing for the return of student-loan repayments.

Best Buy declares the 'low point' in tech sales after years of declines

Best Buy Co., Inc. (NYSE:BBY ) Q2 2024 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Mollie O'Brien - VP of IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Scot Ciccarelli - Truist Greg Melich - Evercore ISI Seth Sigman - Barclays Liz Suzuki - Bank of America Michael Lasser - UBS Kate McShane - Goldman Sachs Brad Thomas - KeyBanc Capital Markets Brian Nagel - Oppenheimer Operator Ladies and gentlemen, thank you for standing by. Welcome to the Best Buy's Second Quarter Fiscal 2024 Earnings Conference Call.

Best Buy Co., Inc. (BBY) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Best Buy (BBY) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Best Buy (BBY) Reports Q2 Earnings: What Key Metrics Have to Say

Best Buy Co. Inc. Chief Executive Corie Barry is making the call for a bottom in tech demand on the consumer-electronics retailer's post-earnings conference call with analysts, according to an AlphaSense transcript.

Best Buy triples down on call for bottom in tech demand

Best Buy expects declining tech sales to hit a low this year before stabilizing, in another sign of consumer caution around discretionary spending and retail purchases.

Best Buy expects tech demand to hit a low this year

Best Buy Co Inc   (NYSE:BBY ) is up 5.1% to trade at $77.80 this morning, after the retailer topped analysts' second-quarter earnings and revenue expectations.

Best Buy Stock Brushes Off Slashed Revenue Outlook

Best Buy (BBY) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.54 per share a year ago.

Best Buy (BBY) Tops Q2 Earnings and Revenue Estimates

Best Buy Co Inc (NYSE:BBY) stock started Tuesday on the front after it reported second quarter results that were ahead of market expectations, whilst also reflecting a normalization of spending patterns and the inflationary pinch on sales. Revenue for the quarter was marked at $9.58 billion, beating analyst forecasts for $9.52 billion, but, shy of last year's comparative of $10.33 billion.

Best Buy stock boosted by ‘smaller than feared' drop in revenue

Consumer electronics retailer Best Buy on Tuesday beat Wall Street's targets for its fiscal second quarter. BBY stock rose on the news.

Best Buy Beats Second-Quarter Views, Sees Business Stabilizing Next Year

While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook.

Best Buy scales back sales outlook as results top expectations

Shares of Best Buy Co. Inc. BBY, +1.93% got a 0.5% boost in premarket trading Tuesday, after the consumer electronics retailer reported fiscal second-quarter results that beat expectations, while providing a mixed full-year outlook. Net income for the quarter to July 29 fell to $274 million, or $1.25 a share, from $306 million, or $1.35 a share, in the year-ago period.

Best Buy stock gains after earnings beat but mixed outlook, sees tech sales bottoming this year

We expect the retailer's stock to increase marginally post fiscal Q2 with revenues coming in line and earnings beating estimates slightly.

What To Expect From Best Buy's Stock Post Q2?

Salesforce

Earnings reports from Best Buy, HP, Salesforce, Broadcom, Dollar General, and more. Plus, August jobs data, July core PCE inflation, and the July JOLTS report.

Jobs and Inflation Data, Salesforce and Best Buy Earnings, and More to Watch This Week

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Amazon

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Microsoft

Walmart

At first glance, the very concept of retail stocks to buy might seem the equivalent of burning your cash in the dumpster. With the Federal Reserve still concerned about the impact of stubbornly high inflation, the underlying narrative doesn't seem supportive of consumer sentiment.

7 Retail Stocks Ready to Get a Back-to-School Boost

A tough operating landscape, including inflation and a higher promotional backdrop, is likely to reflect on Best Buy's (BBY) second-quarter fiscal 2024 results.

Best Buy's (BBY) Q2 Earnings Coming Up: What's in the Offing?

Big Lots

After U.S. markets closed on Thursday, Affirm Holdings reported a narrower-than-expected loss per share and revenue that was 9% above the consensus estimate.

Earnings Previews: Best Buy, Big Lots, Nio

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PayPal

In today's fluctuating market, discerning investors are looking for opportunities. Enter the world of retail stocks, a domain bustling with potential.

The 3 Most Undervalued Retail Stocks to Buy Now: August 2023

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In the comment section of a recent MarketWatch article listing stocks with high dividend yields that were expected to be well supported by the companies' cash flow, a reader suggested that it would have been useful to look at the stocks' performance as well. After all, if you begin with a high dividend yield but watch share price decline over the years, your overall return might be lousy.

These 20 dividend stocks have been the best income growers in the S&P 500

Best Buy has successfully adapted to the digital shift in consumer behavior, with digital sales accounting for a significant portion of its revenue. The introduction of paid membership programs is expected to contribute positively to Best Buy's financial performance in the coming years. While Best Buy has made improvements in various areas, its financials, valuation, and growth prospects do not justify a buy recommendation.

Best Buy Is Taking Steps, But Has A Short Stride

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KLA-Tencor

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF™, with a few minor twists. The portfolio gained 2.44% in July, underperforming the S&P 500 by 0.77%. Year-to-date, the portfolio is up 14.72%. Since inception, the portfolio is generating 2.75% of alpha over the S&P 500.

News for Best Buy Stock (BBY)