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

MINNEAPOLIS--(BUSINESS WIRE)--The official start of fall may still be days away, but for those ready to get the holiday season started, Best Buy is sharing a first look at how customers can get a jump start on the season—including big savings and tons of ways to discover the magic that tech can unlock this holiday. Save the dates The savings kick off soon, with multiple sales events lined up to help customers get a jump on those shopping lists or upgrade their own tech, appliances and more: Exc.

Best Buy's Countdown to the Holiday Season Begins

Sealed Air

Converting to Sealed Air helps company use more recycled content in packaging materials CHARLOTTE, N.C. , Sept. 4, 2024 /PRNewswire/ -- Sealed Air (NYSE: SEE) is helping Best Buy (NYSE: BBY) through the introduction of packaging solutions that allow the company to use more recycled packaging content for shipping Best Buy products to consumers across North America.

Sealed Air Provides Packaging Solutions for Best Buy

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As of Sept. 3, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 5 Consumer Stocks That Could Sink Your Portfolio In Q3

Affirm

MongoDB

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?

Affirm, Mongodb And Best Buy Are Among Top 10 Large Cap Gainers Last Week (Aug 25-Aug 31): Are The Others In Your Portfolio?

Several analysts raised the price target on Best Buy Co., Inc. BBY following better-than-expected second-quarter financial results reported Thursday.

Best Buy's Growth Will Be Driven By AI And Margin Expansion Despite Mixed Sector Challenges: Analysts

BBY's second-quarter results reflect year-over-year bottom-line growth. Revenues, however, decline across Domestic and International segments.

Earnings Beat & Raised EPS Guidance Propel Best Buy Stock Higher

Best Buy Co., Inc BBY reported better-than-expected second-quarter financial results raised its FY25 earnings guidance on Thursday.

Best Buy Analysts Boost Their Forecasts After Upbeat Earnings

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.94 per common share. The quarterly dividend is payable on October 10, 2024, to shareholders of record as of the close of business on September 19, 2024. The company had 215,052,984 shares of common stock issued and outstanding as of August 3, 2024.

Best Buy Announces Regular Quarterly Cash Dividend

In an unreliable world, the one place you can place your money is on the fact that the American consumer gonna keep on spendin'.

Downturn, What Downturn As Best Buy Leads Out Strong Retail Results

For Best Buy CEO Corie Barry, elevating the customer experience is paramount. Despite recent challenges in the home theater, gaming and appliances categories, Barry is steering the company toward a more personalized and engaging shopping journey.

Best Buy Refines Customer Experience With Personalized Tech and AI-Driven Solutions

Best Buy Co Inc (NYSE:BBY) reported better-than-expected earnings for its fiscal second quarter of 2025, despite a year-over-year decline in revenue. The electronics retailer's revenue for the quarter ending August 3, 2024, came in at $9.29 billion, down 3.1% from the same period last year.

Best Buy beats earnings expectations despite revenue decline

Best Buy (BBY) shares surged Thursday, reaching their highest point in more than two years, after its second-quarter earnings surpassed estimates and and the company said it expects to be more profitable than expected for the full fiscal year despite declining sales projections.

Why Best Buy's Stock Hit Its Highest Point in Over Two Years Today

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 200 points on Thursday.

Nasdaq Surges Over 1%; Best Buy Posts Upbeat Earnings

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NVIDIA

Jobless Claims Tick in Low, But Higher Than Expected.

Jobless Claims Tick in Low, But Higher Than Expected

Best Buy Co., Inc. (NYSE:BBY ) Q2 2025 Earnings Call Transcript August 29, 2024 8:00 AM ET Company Participants Mollie O'Brien - VP of IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Scot Ciccarelli - Truist Securities Michael Lasser - UBS Mike Baker - D.A. Davidson Greg Melich - Evercore ISI Steve Zaccone - Citi Steven Forbes - Guggenheim Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan Operator Ladies and gentlemen, thank you for standing by.

Best Buy Co., Inc. (BBY) Q2 2025 Earnings Call Transcript

Weekly Jobless Claims, a revision to Q2 GDP, Retail/Wholesale Inventories and the latest Advances Trade Balance join a flurry of late Q2 earnings reports ahead of today's opening bell.

Jobless Claims, Q2 GDP Up Slightly; Q2 Earnings from BBY, DG, MBUU

Best Buy NYSE: BBY has been attempting to navigate a difficult retail sector environment marked by declining sales and increased competition from e-commerce giants. Best Buy's earnings report for the second quarter of fiscal year 2025 (Q2 FY2025) was recently released, offering some promising signals for investors.

Best Buy Stock Flashes Bullish Signal, Challenges Remain

Best Buy stock beat revenue and earnings forecasts this morning. Sales declined, but profit margins improved, resulting in 7% profit growth.

Why Best Buy Stock Just Jumped 16.5%

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

Here's What Key Metrics Tell Us About Best Buy (BBY) Q2 Earnings

Best Buy (BBY) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.22 per share a year ago.

Best Buy (BBY) Surpasses Q2 Earnings and Revenue Estimates

Best Buy raised adjusted earnings expectations for the fiscal year.

Best Buy Boosts Earnings Forecast and the Stock Pops

Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20.

Best Buy raises full-year profit guidance after earnings and revenue beat

Consumer electronics retailer Best Buy on Thursday beat Wall Street's estimates for its fiscal second quarter. BBY stock rose.

Best Buy Tops Second-Quarter Targets On Strong Tablet, Computer Sales

Best Buy raised its annual profit forecast after topping second-quarter earnings expectations on Thursday, as tighter controls on costs help the electronics retailer offset the impact from steeper discounts and promotions across categories.

Best Buy lifts annual profit forecast as tighter cost controls pay off

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week second quarter ended August 3, 2024 (“Q2 FY25”), as compared to the 13-week second quarter ended July 29, 2023 (“Q2 FY24”).             Q2 FY25 Q2 FY24 Revenue ($ in millions)         Enterprise $ 9,288   $ 9,583   Domestic segment $ 8,623   $ 8,890   International segment $ 665   $ 693   Enterprise comparable sales % change1   (2.3 )%   (6.2 )% Domestic comparable sales % change1   (2.3 )%   (6.

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