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.

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

Nordstrom

Macy's

As American retail reopens, it’s once again an odd mosaic of who is choosing to get back in the store business…and who is still sitting it out for a while longer

Retail Scorecard: Macy’s, Best Buy Among Reopeners; Nordstrom, TJX,  Others Remaining Closed

Amazon

Domino's Pizza

Etsy

Home Depot

Kroger

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Target

Wayfair

Despite the horrendous Covid-19 crisis, not all retail stocks are suffering. In fact, these nine companies have embraced the challenge with new strategies to mitigate damage and to drive long-term growth.

9 Online Retail Stocks Profiting From Social Distancing

Office Depot

Michaels

The COVID-19 pandemic strikes again. Retailers may need to stay closed far longer than previously expected.

Here's Why Best Buy, Office Depot, and Michaels Crashed Today

Best Buy Co. Inc. BBY, +3.50% announced on its blog that it will make in-store consultations available by appointment at 200 locations starting in May.

Best Buy to open 200 locations to in-store appointments starting in May

Mattel

The consumer-facing companies gained on hope that the economy reopens across the country.

Why Shares of TJX Companies, Mattel, and Best Buy Moved Higher Today

It marks a gradual reopening for the big-box retailer, which temporarily shuttered stores and switched to a curbside pickup model during the pandemic.

Best Buy will start to reopen to customers with appointments for in-store consultations

A Relative Strength Rating upgrade for Best Buy shows improving technical performance. Will it continue?

Best Buy Stock Strength Rises; Can It Top Sales Targets Again?

Gap Inc

Starbucks

Many national chains want to go slow when it comes to reviving their business.

Retailers and Restaurants Leery of Reopening Even When Allowed

Employees must volunteer to be sent out on in-home visits.

Best Buy's Geek Squad Could Be Back in Service By Tuesday

I’m going to show you how to find fat dividend opportunities in washed-out sectors.

Contrarian Alert: 3 Big Yields In An Out-Of-Favor Sector

Chipotle

Costco

McDonald's

Some companies will bounce back to normal faster than others.

My Top Stocks to Buy Before Businesses Start Reopening

Even with its stores operating only as pickup locations for its e-commerce business, the electronics retailer has been on consumers' minds.

Here's Why Best Buy Stock Is Going Back Up

Best Buy (BBY) is looking to retain financial strength amid the coronavirus crisis.

Best Buy to Furlough 51,000 Staff on Rising Coronavirus Woes

Most part-time employees of the electronics retailer will be affected by the cull.

Best Buy Furloughing Around 51,000 U.S. Workers, CEO Taking 50% Salary Cut

Broadcom

Ciena

Everybody is more than ready for things to get “back to normal,” but the big question making the rounds on Wall Street and Main Street is what will “normal” look like after a once in a hundred years catastrophe is in the rearview mirror?

Working From Home Permanently Could Rise 100% and These Stocks May Benefit

Foot Locker

Lowe's

The March retail sales decline was the worst since records started being kept.

Why Retail Stocks Headed Lower Today

Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees and that its sales dropped about 5 percent in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic. The company said that starting next week, some corporate employees would.

Best Buy to furlough 51,000 store employees, cut pay of executives

Shares of Best Buy (NYSE:BBY) are trading more than 6% lower today after the retailer announced it will furlough about 51,000 hourly employees, starting Sunday.  Fundamental analysis: Business updates related to novel coronavirus (COVID-19) Best Buy said it will furlough about 51,000 hourly employees as its stores continue to be closed, following the company’s decision on March 22.

Best Buy stock price plunges 6% as retailer furloughs 50,000+ employees

Best Buy Co Inc  said on Wednesday it would furlough about 51,000 hourly U.S. store employees and that its sales dropped about 5% in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic.

Best Buy to furlough 51,000 hourly U.S. store employees

Dollar General

The coronavirus pandemic has shown that some companies can do well even during difficult times.

These Are Stocks to Buy Right Now (That You May Not Have Considered)

The company's stores have continued to offer curbside pickup during the coronavirus pandemic, but they've been closed to customers since March 22.

Best Buy to furlough about 51,000 employees as its stores remain closed to customers

Best Buy Co. Inc. BBY, +2.21% said Wednesday that it has held on to 70% of its year-over-year sales despite the move to curbside-only service amid the Covid-19 outbreak.

Best Buy retains 70% of sales despite move to curbside service amid Covid-19, 51,000-plus workers to be furloughed

Rite Aid

Sprouts Farmers Markets

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Coronavirus Ruining Portfolio? Give These 4 Retailers a Shot

eBay

Vipshop Hlds

Retailers with an online presence such as Amazon.com (AMZN) and Walmart (WMT) have seen a surge in demand for goods as the country struggles to contain the spread of coronavirus.

4 Retail Stocks to Buy as Coronavirus Boosts Online Demand

Kohl's

The coronavirus pandemic has forced a number of retailers to close, but others are thriving.

News for Best Buy Stock (BBY)