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.

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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

UBS upgraded Best Buy Co Inc (NYSE:BBY) to "buy" from "neutral," with a price-target hike to $106 from $85.

Analyst: Best Buy Stock Boasts Solid Support

American Express

Caterpillar

Goldman Sachs

Stocks oscillate between overvalued and undervalued states, influenced by changing perceptions and economic cycles. The shrewd dividend investor capitalizes on these swings. Here are two dividend stocks which we would sell, and one which we're buying.

Sell Alert: 2 Overvalued Dividend Stocks And 1 Replacement Buy

Apple

Microsoft

We may witness the next phase of the so-called artificial intelligence (or AI) boom as edge computing plays a bigger role in processing. Undoubtedly, AI accelerators in the cloud have been and will probably continue to be the way to run today's most powerful AI models.

3 Stocks to Cash In on the AI-Powered PC Craze

Best Buy (NYSE: BBY ) layoffs are in the news Wednesday as the electronics and appliances retailer deals with slowing sales. It's unknown how many Best Buy employees will be affected by the layoffs.

Best Buy Layoffs 2024: What to Know About the Latest BBY Job Cuts

Best Buy (BBY) effectively balances cost management and quality service, thus enhancing operational efficiency, optimizing supply-chains and innovating customer engagement.

Best Buy (BBY) Rides on Innovation & Operational Efficiency

Best Buy Co., Inc. (NYSE:BBY ) Oppenheimer's 24th Annual Virtual Consumer Growth and E-Commerce Conference June 10, 2024 11:15 AM ET Company Participants Corie Barry - Chief Executive Officer Matt Bilunas - Chief Financial Officer Conference Call Participants Brian Nagel - Oppenheimer Brian Nagel Well, good morning to everyone. Thank you for joining us for Day 1 for our 24th Annual Oppenheimer Consumer Growth and E-Commerce Conference.

Best Buy Co., Inc. (BBY) Oppenheimer's 24th Annual Virtual Consumer Growth and E-Commerce Conference

Amazon

Alphabet

The FCC's Cyber Trust Mark program — which does not have an official launch date yet — is intended to protect personal smart devices and has commitments from Amazon, Best Buy and Google. A 'U.S. Cyber Trust Mark' shield logo emblazoned with a QR code will allow consumers to scan and receive detailed, up-to-date security information about smart devices, including doorbell cameras, voice-activated speakers, baby monitors, TVs, kitchen appliances, thermostats and fitness trackers.

Amazon, Best Buy, Google may soon sell home smart devices, from door cams to TVs, speakers and appliances, with 'hacker-safe' label

T. Rowe Price Group

If you're looking to boost your portfolio with reliable income that rises over time, dividend growth stocks are a great option. What I particularly value about these stocks, in contrast to high-yield options, is that they offer meaningful payouts while also having the potential for long-term capital appreciation.

The 3 Best Dividend Growth Stocks to Buy in June 2024

MIAMI--(BUSINESS WIRE)--Lucky is thrilled to announce it's adding Best Buy, the world's largest specialty consumer electronics retailers, to its lineup of retailers. For the first time, consumer electronics brands can connect their Direct-To-Consumer (DTC) websites with Best Buy's store inventory in real time, giving customers an easy and convenient way to shop for their favorite tech products. Through the collaboration, customers will have the ability to view product availability at their loca.

Lucky Adds Best Buy to Power Omnichannel Shopping Experience for Consumer Electronics

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy (NYSE: BBY) announces that Corie Barry, chief executive officer, and Matt Bilunas, chief financial officer, are scheduled to participate in a virtual fireside chat at the Oppenheimer Annual Consumer Growth and E-Commerce Conference on June 10, 2024, at 11:15 a.m. Eastern Time. A webcast of the event will be available at www.investors.bestbuy.com both live and after the event.

Best Buy to Present at the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference on June 10

Consumer electronics retailer Best Buy is a strong stock to consider after the company reported better-than-expected first-quarter earnings. Earnings per share came in at $1.

Best Buy Slims Down And Pumps Profits Despite Slowing Sales

Tech upgrades are coming, but the hype in the retailer's stock might be overdone.

Best Buy Catches AI Fever

The shares of Best Buy Co Inc (NYSE:BBY) are up 1.1% to trade at $85.75 this morning, after the  electronics retailer received a double-upgrade from Citigroup to "buy" from "sell," with a price-target hike to $100 from $67.

Best Buy Stock Hits 12-Month High After Double Upgrade

Citi analyst Steven Zaccone double upgraded shares of consumer-electronics retailer Best Buy to Buy from Sell.

Best Buy Stock Is Set for an AI Boost, Analyst Says

Analysts at Citi gave electronics retailer Best Buy Co. Inc. a rare double-upgrade on Monday, boosting their assessment in anticipation that same-store sales will start rising.

Best Buy gets double-upgrade at Citi on expectations of sales growth

After a painfully slow two years of trading within a tight channel, Best Buy Company Inc. NYSE: BBY rallied by a staggering 15.5% after it reported its first quarter 2024 earnings results. The initial reaction in the stock price is accredited to the unexpected recovery seen in the consumer discretionary space, particularly around consumer electronics.

Best Buy Could Break Out of Its Channel Shortly

Costco

Gap Inc

Nordstrom

Kohl's

Ulta Beauty

Last Thursday was a tough day for analysts. During the day, several companies reported their recent quarterly results, and there was a lot to absorb. Every company we surveyed discussed the fact that inflation affected sales, and that customers were very selective in order to save money. However, technological advances which are expected to be released this fall gave retailers confidence of a strong fall season.

What I Learned From Costco, Best Buy, The Gap, Kohl's, Nordstrom And Ulta Beauty Last Thursday

Best Buy is undervalued and has the potential for capital appreciation due to its solid business model and exposure to the consumer electronics industry. The company has survived the threat of e-commerce platforms like Amazon and has increased its online presence to compete effectively. Best Buy's earnings depend on the growth of the overall market, and the recovery in the consumer electronics cycle is a positive indicator for the company's sales.

Best Buy: Close To The Beginning Of The New Cycle

Best Buy CEO Corie Barry told CNBC's Jim Cramer the electronics retailer is getting ready to sell a slew of new artificial intelligence-enabled personal computers. "We are, as you can imagine, arming ourselves on every angle to be the single best place to come experience this across the assortment," Barry said.

Best Buy CEO explains how the company is preparing to sell new AI-enabled computers

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases.

Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales

Best Buy (Buy) reports soft first-quarter fiscal 2025 sales due to a comparable sales drop of 6.1%.

Best Buy (BBY) Q1 Earnings Beat Estimates, Revenues Dip Y/Y

Shares of Best Buy (BBY) jumped over 10% in early trading Thursday after the electronics retailer beat profit forecasts on growing demand for services and laptop computers.

Best Buy Beats Profit Estimates on Services, Membership, and Laptop Demand

Best Buy Co., Inc. (NYSE:BBY ) Q1 2025 Earnings Conference Call May 30, 2024 8:00 AM ET Company Participants Mollie O'Brien - VP, IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Peter Keith - Piper Sandler Robert Ohmes - Bank of America Chris Horvers - JPMorgan Anthony Chukumba - Loop Capital Seth Basham - Wedbush Securities Jonathan Matuszewski - Jefferies Operator Ladies and gentlemen, thank you for standing by. Welcome to Best Buy's First Quarter Fiscal 2025 Earnings Conference Call.

Best Buy Co., Inc. (BBY) Q1 2025 Earnings Call Transcript

The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Best Buy (BBY) Reports Q1 Earnings: What Key Metrics Have to Say

Best Buy (BBY) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.15 per share a year ago.

News for Best Buy Stock (BBY)