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

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Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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

Best Buy (BBY) reports better-than-expected first-quarter fiscal 2024 earnings. However, sales decrease from the year-ago fiscal quarter's level due to weak enterprise comparable sales.

Best Buy's (BBY) Q1 Earnings Beat, Comparable Sales Down 10.1%

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The retail sector has been in focus over the past week, with several big names hitting up the  earnings confessional.

3 Retail Stocks Making Big Post-Earnings Moves

Best Buy Co. Chief Executive Officer Corie Barry said Thursday that while some consumers have been behaving as if there's a recession, she sees demand for technology products bottoming, with a turn higher likely in the second half of this year.

Best Buy CEO sees bottom in tech demand, with a turn higher later this year

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Consumer caution dampens earnings for retailers Dick's, e.l.f. Beauty and Williams-Sonoma.

Kohl's, Best Buy, Lowe's Sales Sluggish as Shoppers Pull Back

Best Buy Co., Inc. (NYSE:BBY ) Q1 2024 Earnings Conference Call May 25, 2023 8:00 AM ET Company Participants Mollie O'Brien - Vice President of Investor Relations Corie Barry - Chief Executive Officer Matt Bilunas - Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Joe Feldman - Telsey Advisory Group Anthony Chukumba - Loop Capital Mike Baker - D.A. Davidson Chris Horvers - J.P.

Best Buy Co., Inc. (BBY) Q1 2024 Earnings Call Transcript

As most retail - and a sizeable wholesale population - businesses struggled for years to compete against the goliath of industry, Amazon.com NASDAQ: AMZN, a cleansing of inefficiencies and a spark of innovations has been taking over management conversations at the remaining operators. One resilient name in the industry, which continues to battle successfully against the 'race to zero,' is Best Buy NYSE: BBY.

Best Buy's Comeback Is Still At Play, Earnings Call For Patience

The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended April 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) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Best Buy topped profit expectations in its first quarter but missed on revenue after a prolonged sales slump. The consumer electronics and household appliances chain indicated that the decline in US comparable sales for the current quarter is anticipated to be less severe than the 10% drop experienced in the first quarter, as stated in a release on Thursday.

Best Buy tops profit expectations in 1Q despite revenue miss amid sales slump

The company posts better-than-expected adjusted first-quarter earnings and reiterates guidance for fiscal 2024.

Best Buy Stock Jumps After Earnings Beat

Shares of Best Buy Co. Inc. leapt 4.5% in premarket trading Thursday, after the electronics retailer reported fiscal first-quarter profit that beat expectations but fell a bit shy on revenue, while maintaining its full-year outlook. Net income for the quarter to April 29 fell to $244 million, or $1.11 a share, from $341 million, or $1.49 a share, in the year-ago period.

Best Buy stock bounces after profit beat, same-store sales matched and revenue fell a bit shy

In late-morning trading on Monday, the Dow Jones industrials were up 0.04%, the S&P 500 down 0.19% and the Nasdaq 0.21% lower.

Earnings Previews: Best Buy, Dollar Tree

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The 4-factor dividend growth portfolio was launched on November 1st, 2022, and despite weaker performance recently, it finished ahead of the S&P 500 total return at the half-year mark. The portfolio underperformed the S&P 500 Total Return by 397 bps during the month of April.

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Best Buy is upping its membership offerings. But retail and marketing experts are questioning if consumers will see the value in paying for the perks the electronics giant is providing.

Best Buy expands its paid membership options, but will shoppers go for them?

The retailer wants to grow the subscription program, which has about 5.8 million members.

Best Buy doubles down on membership program as sales cool

MINNEAPOLIS--(BUSINESS WIRE)--Today, Best Buy is unveiling a new suite of membership options — My Best Buy Memberships™ — that give customers more freedom to choose a membership that fits their technology needs, budget and lifestyle. One of these options includes a new tier, at a more affordable price, that offers exclusive prices and access to highly anticipated product releases. Our collection of memberships now includes My Best Buy™, My Best Buy Plus™ and My Best Buy Total™. Each membership.

Best Buy Unveils My Best Buy Memberships™

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Recently released macroeconomic data shows that consumer spending is strong and is likely to continue to be powerful. First, consumer spending surged 3.7% year over year in the first quarter.

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SAN FRANCISCO--(BUSINESS WIRE)--ŌURA, the company behind the smart ring that delivers personalized health data, insights, and daily guidance, announced its first US-based, large-scale retail partnership with Best Buy. Oura Ring in both Heritage and Horizon styles is now available at more than 850 Best Buy stores nationwide, as well as on BestBuy.com. “Brick-and-mortar retail is a natural next step for ŌURA and marks a pivotal moment for the business as we continue to expand into the mainstream,.

ŌURA Announces First Nationwide Retail Expansion at Best Buy

Best Buy is a cheap stock when you look at its earnings and its dividend. The company is facing headwinds with cyclical consumer trends -- trends that could improve.

Best Buy Stock Is Dirt Cheap. But Is It a Buy?

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The 4-factor dividend growth portfolio was launched on November 1st, 2022, and despite a poor start to April the long term return is still attractive. The portfolio outperformed the S&P 500 Total Return by 29 bps during the month of March.

4-Factor Dividend Growth Portfolio - Sour Month

Best Buy: Earn 12% While Waiting To Buy It Lower

Best Buy (NYSE: BBY ) layoffs are the talk of Wall Street today as the struggling electronics retailer opts to cut hundreds of its employee roles in the face of waning demand this year. Indeed, on Friday the Wall Street Journal reported that Best Buy intends to eliminate hundreds of “consultant” roles — store workers who specialize in the sale of certain specific products, like laptops and cell phones.

Best Buy Layoffs 2023: What to Know About the Latest BBY Job Cuts

Best Buy fired at least several hundred workers recently. It is either a sign of a slowing economy, or an admission that its business model is flagging.

Best Buy Hammers Workers As Business Model Fails

Best Buy has reportedly eliminated hundreds of roles in its brick-and-mortar stores. The cuts are centered on the electronics and appliance retailer's “consultants” who focus on selling computers, smartphones and other complex products, the Wall Street Journal (WSJ) reported Friday (April 14), citing unnamed sources.

Best Buy Eliminates Hundreds of In-Store Consultant Roles

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.

2023 Layoff Tracker: Best Buy Cuts Hundreds Of Jobs

Several store workers who specialize in selling more complex products such as computers and smartphones were told their jobs would be eliminated, The Wall Street Journal reported.

News for Best Buy Stock (BBY)