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 Q4 2022

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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 "missed sales" in Q4. How bad is that?

Why Best Buy Stock Just Crashed

The retailer is reducing its headcount, testing smaller stores and evaluating the size of its store footprint across the country.

Best Buy is speeding changes to adapt to a post-pandemic consumer: Smaller—and fewer—stores ahead

Best Buy stock slumped Thursday, hurt by fourth-quarter revenue that fell short of Wall Street's target and the electronic retailer's outlook for a potential decline in same-store sales in the current quarter. Revenue was $16.94 billion for the period ended January 31. That result missed expectations of $17.2 billion but was higher than $15.2 billion in revenue generated in the same quarter last year.

Best Buy slides 9% on weak holiday sales and soft 2022 revenue guidance (BBY)

Best Buy Co. Inc. (NYSE:BBY) released its fourth-quarter and full year earnings results for fiscal 2021 before the opening bell on Feb. 25.

Best Buy Posts 4th-Quarter Earnings Beat, But Recorded a Slowdown in Sales

The retailer and its competitors saw heavy demand during the global health crisis, creating less need to sell items at a discount.

Best Buy braces for rivals to slash prices and dangle deals as pandemic-fueled demand fades

Best Buy Co., Inc. (BBY) CEO Corie Barry on Q4 2021 Results - Earnings Call Transcript

Best Buy said Thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics online.

Best Buy just laid off 5,000 workers and will close more stores

Moderna

Wayfair

While jobless claims fell on weather-related issues, Durable Goods were up big for January.

Jobless Claims, Q4 GDP Dip; Durable Goods Soar +3.4%

Best Buy's (BBY) fourth-quarter fiscal 2020 performance reflects growth across the Domestic and International segments.

Best Buy (BBY) Q4 Earnings Exceeds Estimates, Sales Up Y/Y

The fourth-quarter earnings at two of the country's largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the business outlooks given by Wayfair and Best Buy on Thursday (Feb. 25) suggest that an inevitable slowdown is coming. While Wayfair said its Q4 revenues rose roughly 45 percent to […]

Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend

Consumer electronics retailer Best Buy on Thursday missed Wall Street's sales target for the holiday quarter but edged profit views. It also gave soft sales guidance for the year ahead.

Best Buy Misses Holiday-Quarter Sales Target, Gives Soft Guidance

The shares of Best Buy Co Inc (NYSE:BBY) are down 8.5% to trade at $103.83 this morning after the company's fourth-quarter revenue and same-store sales fell short of analysts' expectations.

Best Buy Stock Flailing on Mixed Q4 Results

Best Buy is among the retailers that saw sales rise rather than fall as consumers spent more time at home.

Best Buy earnings beat expectations, but shares fall as sales growth slows

Best Buy Co Inc. shares fell 5.4% in Thursday premarket trading after the consumer electronics retailer reported fiscal fourth-quarter revenue that missed expectations. Net income totaled $816.0 million, or $3.10 per share, up from $745.0 million, or $2.84 per share.

Best Buy reports revenue miss, announces new worker bonuses

Best Buy Co Inc missed holiday-quarter comparable sales estimates and provided a weak full-year forecast on Thursday, signaling a slowdown in the coronavirus-induced surge in demand for computer equipment.

Best Buy sales slow as pandemic-driven demand wanes, shares fall

Best Buy earnings beat expectations, but shares fall 5% as sales growth slows

Best Buy, a specialty retailer of consumer electronics, home-office products, entertainment software, appliances, and related services, is scheduled to report its fiscal fourth-quarter results on Thursday, February 25. We expect the retailer's earnings to likely beat the expectations and revenues.

What To Expect From Best Buy's Stock Post Q4 Release?

Best Buy (NYSE: BBY) will trial smaller retail sales floors in a few markets as it looks to maximize space for e-commerce order fulfillment, Bloomberg reported Wednesday morning. Best Buy first announced the move during its November 2020 earnings call.

Best Buy shrinking some store footprints to focus on order fulfillment

Best Buy will be debuting new stores that will feature a smaller overall size as the company focuses more on eCommerce, Bloomberg reported. The new format will focus on getting digital orders out and will be around half the size of the usual stores, according to the report.

Best Buy Tests Smaller, Digital-Friendly Store Format

Let's quickly dive into Best Buy ahead of its Q4 FY21 earnings release on Thursday, February 25 to see if it might be worth buying.

Is Best Buy a Must-Own Retail Stock for Value, Dividends & Tech Growth?

3D Systems

Li Auto Inc.

NVIDIA

Plug Power

Equities took something of a beating Tuesday morning, with Home Depot down around 4% on a weak outlook and Palo Alto Networks down about 1% on a similarly dim view of the current quarter.

Earnings Previews: 3D Systems, Nvidia, Best Buy, Li Auto, Moderna, Plug Power

The consumer electronics retailer has not said how many store employees will lose their jobs as part of a reorganization.

Best Buy gives pandemic-related bonuses amid company layoffs

Best Buy's (BBY) fourth-quarter performance is likely to reflect gains from rise in online sales alongside consumers' preference for products that support stay-at-home practices.

Best Buy (BBY) to Post Q4 Earnings: What Awaits the Stock?

Airbnb

DoorDash

DraftKings

Home Depot

Salesforce

Medtronic

Nikola

Palo Alto Networks

Block

Here, 24/7 Wall St. has put together a preview of a few of the most anticipated quarterly reports due this week.

Airbnb, DoorDash, DraftKings, Home Depot, Nvidia and More Major Earnings Coming This Week

Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Best Buy Stock (BBY)