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

CEO Corie Barry said the personalized approach is a safer way to serve customers and a better fit for the retailer, which sells big-ticket items like gaming consoles, kitchen appliances and home theater systems.

Why Best Buy's CEO thinks the appointment-only shopping strategy was the best approach

Best Buy Co., Inc. (BBY) CEO Corie Barry on Q1 2021 Results - Earnings Call Transcript

Best Buy Co., Inc. (NYSE: BBY) shares are trading lower after the company reported first-quarter results.

Why Best Buy's Stock Is Trading Lower Today

Best Buy said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services.

Best Buy stock falls 4 percent as it ups spending on delivery services

Best Buy Co. Inc. (NYSE:BBY) released its first-quarter results before the opening bell on May 21.

Best Buy Beats 1st-Quarter Earnings and Revenue Expectations

Best Buy's (BBY) first-quarter fiscal 2021 results reflect gains from initiatives undertaken to enhance sales amid coronavirus outbreak. However, top and bottom lines decline year over year.

Best Buy (BBY) Q1 Earnings & Sales Beat Estimates, Down Y/Y

Retailers have seen higher demand, with online sales booming, but also higher costs related to the pandemic.

Best Buy Earnings Tank, Target Sales Soar: Here’s How All The Big Retailers Fared In The First Quarter

Best Buy is benefiting from a surge in demand for home office equipment and gaming consoles, and from its pre-pandemic investments in tech and home health

Best Buy Worked On Its Tech Before The Pandemic And Now It’s Flexing Its Muscles

Best Buy Co Inc  said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services to support a surge in online shopping from people staying at home due to the COVID-19 pandemic.

Best Buy sees margin pressure as online demand raises delivery spend

Best Buy (NYSE: BBY) released its quarterly financial results on Thursday that posted a decline in earnings and revenue in Q1. The company said that sales were upbeat initially as customers rushed to shop ahead of the Coronavirus lockdown.

Best Buy tops analysts’ estimates for earnings and revenue in the first quarter

When Best Buy Co. Inc. (NYSE: BBY) released its fiscal first-quarter financial results before the markets opened on Thursday, the retailer said that it had $0.67 in earnings per share (EPS) and $8.56 billion in revenue.

Why Best Buy’s Q1 Fell Short

Best Buy (BBY) delivered earnings and revenue surprises of 63.41% and 5.07%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

Best Buy (BBY) Surpasses Q1 Earnings and Revenue Estimates

Best Buy Co Inc  reported a 5.3% fall in quarterly same-store sales on Thursday, as the electronics retailer had to close stores due to the COVID-19 pandemic.

Best Buy quarterly same-store sales fall over 5%

Consumer electronics retailer Best Buy on Thursday beat Wall Street's targets for its fiscal first quarter ended May 2 as it faced business disruptions from the coronavirus pandemic.
The post Best Buy Beats Targets In Coronavirus-Ravaged First Quarter appeared first on Investor's Business Daily.

Best Buy Beats Targets In Coronavirus-Ravaged First Quarter

The retailer had a surge of sales during the early weeks of the pandemic, but later furloughed about 51,000 employees and took other cost-cutting measures.

Best Buy's earnings fall in first quarter, after initial sales surge during pandemic

Shares of Best Buy Co. Inc. BBY, -2.32% rallied 1.7% in premarket trading Thursday, after the consumer electronics retailer reported fiscal first-quarter profit, revenue and same-store sales that fell less than expected.

Best Buy's stock rises after profit, revenue and same-store sales fall less than expected

Shares of Best Buy Co (NYSE:BBY) rose 1.2% in pre-market trading after the company reported Q1 results.

Best Buy Co: Q1 Earnings Insights

Best Buy Co. Inc. (NYSE: BBY) is scheduled to release its fiscal first-quarter financial results before the opening bell on Thursday.

Will Best Buy Q1 Earnings Rise Above Low Expectations?

Best Buy is expected to earn $0.66/share on $8.34 billion in revenue. Meanwhile, the so-called Whisper number is $0.67.

Earnings Preview: What To Expect From Best Buy On Thursday

Telsey sees multiple signs of strength in the big brick-and-mortar retailer.

Best Buy Jumps Almost 10% on Analyst Upgrade

The coronavirus impact may show on Best Buy's (BBY) first-quarter fiscal 2021 results.

Here's How Best Buy (BBY) is Poised Ahead of Q1 Earnings

Lowe's

Whirlpool

Consumers are stockpiling appliances to preserve or prepare their stockpiled food.

How COVID-19 Appliance Stockpiling Is Benefiting Whirlpool, Lowe's, Others

The electronics retailer bounced back from the misery of March thanks to bullish coronavirus trends and strong consumer interest in home office equipment.

How Best Buy Shares Gained 34.6% Last Month

Gap Inc

Starbucks

The openings come against the recommendations of most public health experts. 
Stores are reopening across America as states ease their closure orders, but that does not mean it’s safe to shop.

Starbucks, Best Buy, Gap, and other stores are reopening, but that doesn’t mean it’s safe to shop

Best Buy’s stock declined almost 15% from $87 levels at the beginning of this year to $74 levels (as of May 4th), compared to a 13% decline for the broader S&P 500. While Best Buy has underperformed the broader markets, we believe there is still modest upside potential from the current levels.

News for Best Buy Stock (BBY)