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 Q1 2022

Earnings data Q2 2022

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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

Earnings data Q4 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.

Best Buy meets Q3 expectations amidst sales challenges and innovations

Best Buy's Q3 performance met expectations despite challenges, with a focus on online sales and operational efficiency.
The company's strengths include low turnover rates, strong holiday season positioning, and proactive tariff management.
Challenges include declining comparable sales and the need to adapt to changing market dynamics, while opportunities lie in innovative growth strategies.

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

Denny's

Restaurant Brands

Without a doubt, American consumers have been extremely resilient this year. They have been continuing to spend a great deal of money on many experiences and certain products despite inflation which remains rather high despite having fallen significantly.

The 3 Most Undervalued Consumer Stocks to Buy in September 2023

Wallbox NV

Shares of Wallbox N.V. WBX, +0.37% jumped 4.8% in premarket trading Wednesday, after the maker of electric vehicle charging systems said it was teaming up with Best Buy Co. Inc. BBY, +0.18% to sell its Pulsar Plus EV chargers nationwide.

Wallbox's stock jumps after teaming up with Best Buy to sell Pulsar Plus home EV charges

Apple

Amazon

Dick's Sporting Goods

Scholastic

Skechers U.S.A.

Walmart

American parents spend a lot of money on back-to-school shopping. The National Retail Federation forecasts that parents in the U.S. will spend a record $41.5 billion on back-to-school shopping in 2023.

7 Stocks to Buy for a Back-to-School Boom

MINNEAPOLIS & DANVILLE, Pa.--(BUSINESS WIRE)--Best Buy Health and Geisinger expand work to improve chronic disease management at home.

Best Buy Health and Geisinger expand work to improve chronic disease management at home

Best Buy is facing challenges in the current economic environment and struggles to offer compelling long-term returns compared to other options. The company's strategies, such as membership programs and in-store services, are commendable but may not be enough to navigate current challenges. Despite its strong dividend history and healthy balance sheet, caution is advised with Best Buy and better opportunities exist with a more favorable risk-reward ratio.

How Juicy Is Best Buy's 5% Yield?

Realty Income Corp

The Fed's next interest rate decision is approaching, with expectations of rates remaining stable but some uncertainty in the market. Conflicting data has led to uneasiness among market participants, causing them to second guess their expectations. Here are two SWAN high yielding picks to see you through whatever comes next.

It's Time To SWAN: 2 Top High-Yield Dividend Picks

AbbVie

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Fastenal

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Home Depot

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KLA-Tencor

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Lowe's

Lam Research

Mastercard

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Merck

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Rollins

Schwab US Dividend Equity ETF

Snap-on

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 fell by 0.57% in August, outperforming the S&P 500 by 1.02%. Year-to-date, the portfolio is up 14.07%. Since inception, the portfolio is generating 3.95% of alpha over the S&P 500.

4 Factor Dividend Growth Portfolio - Closing In On A Historic First Year

Best Buy beat expectations last quarter but also trimmed its guidance for the year. Demand for PCs and electronics isn't strong right now, but a recovery may be around the corner.

Why Best Buy Stock Could Be an Underrated Buy Right Now

And we break down Best Buy's latest report.

A Look at the Consumer Debt Situation

Big box consumer electronics retailer Best Buy Co. Inc. NYSE: BBY may be the last of its kind as the nation's largest standalone pure-play consumer electronics chain. A tough macroeconomic environment has caused consumers to tighten their wallet strings on discretionary retail products.

Should Best Buy Be in Your Cart for the Holiday Season?

Is Best Buy Stock a Buy?

Bank of America

Discover

Goldman Sachs

Morgan Stanley

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State Street

Truist Financial

Texas Instruments

August saw a wave of volatility in equity markets, with the SPDR S&P Trust ETF falling by 1.63%. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 12.71% since its inception in November 2020. The list from August did not perform well, losing 4.93% last month, underperforming both VYM and SPY.

My Top 10 High Yield Dividend Stocks For September 2023

Coinbase

Here are some of the major companies whose stocks moved on the week's news.

The Score: Coinbase, 3M, Best Buy and More Stocks That Defined the Week

Invest in companies whose leaders are curious, have intellectual humility, creating meaning for workers, and capture short- and long-term growth opportunities

Former Best Buy CEO Hubert Joly On How To ‘Refound' A Company

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.

News for Best Buy Stock (BBY)