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

Best Buy (BBY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Best Buy (BBY) is Poised to Beat Earnings Estimates Again

Best Buy (BBY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Best Buy (BBY) Moves to Buy: Rationale Behind the Upgrade

eBay

Home Depot

Walmart

We have narrowed our search to five retail stocks that are poised to beat on earnings this month. These are: WMT, HD, BBY, TJX, EBAY.

5 Giant Retailers Likely to Gain on Earnings This Month

Hasbro

Innovative Industrial Properties

Dividend investing has proved to be among the most successful ways to accumulate wealth on Wall Street. Buying dividend stocks that grow their payout produces returns far above what non-dividend-paying stocks generate.

Dividend Cuts: 3 Stocks at Risk of Slashing Payouts Like Southern Copper

Best Buy's cash from operations has been declining over the past few years, potentially due to increased competition from online retailers like Amazon and decreasing store count. The company has been closing stores at a rapid rate, which may be impacting their financials, closing 24 this fiscal year, and approximately 100 in the past 5 years. Best Buy is scheduled to report Q4 earnings, with analysts expecting an increase in earnings and revenue, but both estimates are down from the previous year.

Best Buy: Is The ~5% Yield Safe Or Is A Dividend Cut In The Works?

Amazon

American Express

Bath and Body Works

Blackstone Group

Salesforce

General Electric

Alphabet

Kinder Morgan

Kroger

Eli Lilly

Moderna

Marathon Oil

Whirlpool

Hedge funds with long/short strategies have benefited in 2024 from a macroeconomic environment that has hit the most heavily shorted stocks particularly hard compared to their less shorted rivals, a new UBS report says.

Short sellers boosted by ‘Hedge Fund Nirvana' that sees most heavily-shorted companies suffer

American Airlines

Cardinal Health

Cleveland-Cliffs

Delta Air Lines

We believe that stocks like American Airlines (AAL), Delta Air Lines (DAL), Cleveland-Cliffs (CLF), Best Buy (BBY) and Cardinal Health (CAH) should be on an investor's watchlist.

5 Broker-Loved Stocks to Watch Amid Current Market Swings

Etsy

Target

Some innovative retail stocks are on the horizon for investors looking to tap into the retail sector more closely. These companies are poised for potential growth.

3 Renegade Retail Stocks Reinventing Shopping Experiences

Airbnb

NIKE

A stock market correction offers the opportunity to buy shares at a discount. However, these same corrections can expose companies with high valuations and limited upside potential.

3 Stocks to Sell Before a Market Correction

Apple

Abbott Labs

Cigna

Microsoft

ReWalk Robotics

Teladoc

While it doesn't seem like it when you're young, aging happens to everyone and therefore, so-called AgeTech stocks should benefit from inevitability. A buzzword for age-related technology, this concept refers to a rapidly growing field focused on developing and applying innovative solutions to improve the lives of senior citizens.

7 ‘AgeTech' Stocks to Profit From the Booming Longevity Market

Johnson & Johnson

Lowe's

LVMH Moet Hennessy Louis Vuitton

Deutsche Bank

Kenvue

One of the best ways to create wealth is finding the right dividend stocks to buy and hold. No other asset class has performed as well as buying equities, not gold, not bonds, not real estate.

7 Dividend Stocks to Buy and Never Sell: January 2024 Edition

I gave a buy rating to BBY due to its attractive capital return story and potential growth recovery in the second half of 2024. However, near-term growth is expected to remain weak, with negative performance in consumer electronics, computing, mobile phones, and appliances. There is potential for a medium-term turnaround driven by a likely demand recovery in PCs and smartphones, but prolonged macro weakness could delay this until 2025.

Best Buy: Capital Return Story Attractive With Possible Demand Recovery

Best Buy Canada and Bell to operate 165 small-format consumer electronics retail stores across Canada, branded Best Buy Express Best Buy Express stores to offer leading consumer electronics from Best Buy and wireline and wireless services from Bell, Virgin Plus and Lucky Mobile MONTRÉAL and VANCOUVER, BC , Jan. 18, 2024 /PRNewswire/ - Best Buy Canada and Bell Canada (TSX: BCE) (NYSE: BCE) have entered into a strategic partnership to operate 165 consumer electronics retail stores in Canada. The Source, a wholly owned subsidiary of Bell, will be rebranded as Best Buy Express and offer the latest in consumer electronics from Best Buy along with exclusive telecommunications services from Bell.

Best Buy Canada and Bell Canada partner to deliver the next evolution of consumer electronics retail for Canadian consumers

Best Buy has added a new platform to support its expansion into prescription health and wellness technology products.  The new online experience enables eligible customers to buy continuous glucose monitoring devices (CGMs), according to a Wednesday (Jan. 10) press release issued by Stripe, which is providing the payments infrastructure for Best Buy's new platform.

Best Buy Launches Platform for Prescription-Based Medical Devices

Crown Castle International

Dow Inc

Enterprise Products Partners

Philip Morris

Verizon

This company was spun out from Dupont in 2019 and offers investors growth, income potential, and a hefty 5.03% dividend.

7 Safe Stocks That Pay You Serious Dividends

Costco

It's certainly a good time to be a large retailer in the U.S. With the strong labor market and inflation having greatly eased, consumers are generally in excellent shape. Moreover, supply chains have greatly improved and wage pressures have gotten much less intense, pushing retailers' margins higher.

Consumer Kings 2024: The 3 Best Large Retail Stocks to Buy Now

Best Buy rated neutral/hold today, agreeing with the consensus on Seeking Alpha, which also calls for a hold. Proven dividend income stability and growth play. Mixed sentiment on recession risk for 2024, offset by strength in the start of the current holiday shopping season.

Best Buy: Hold For Dividend Growth As Earnings Attempt A Holiday Rebound

VANCOUVER, British Columbia--(BUSINESS WIRE)--At Best Buy Canada Boxing Day remains the biggest shopping day of the year, and we're excited to help Canadians score the best deals of the season. Best Buy is launching our hottest Boxing Day door crasher sales Canada-wide on December 24. With deep discounts on the latest tech like TVs, coffee makers and Dyson hair, consumers are encouraged to shop early in-store and online this Boxing Day. MEDIA INTERVIEW/CAMERA OPPORTUNITY WHAT: Boxing Day at Bes.

Best Buy Canada Launches Extra Hot Deals for Boxing Day - The Biggest Shopping Day of the Year

Best Buy (BBY) reported earnings 30 days ago. What's next for the stock?

Best Buy (BBY) Up 11.1% Since Last Earnings Report: Can It Continue?

When it comes to the companies positioned to benefit from artificial intelligence (AI) breakthroughs, Best Buy Co., Inc. NYSE: BBY likely doesn't come to mind. But maybe it should.

Best Buy gets upgraded to buy ahead of AI tech launches

The Kia EV6, Telluride and Soul won Best Buy awards in their respective segments  All-electric EV6 named a 2024 Best Buy in the compact crossover category  Telluride recognized with a Best Buy award in the midsize crossover category Tenth consecutive year Soul makes the list; marks the longest running streak for a subcompact crossover IRVINE, Calif. , Dec. 14, 2023 /PRNewswire/ -- Kia America took home three 2024 Consumer Guide Automotive Best Buy awards for the EV6, Telluride and Soul models.

KIA TAKES HOME THREE 2024 CONSUMER GUIDE AUTOMOTIVE BEST BUY AWARDS

All-new 2024 Kia EV9 wins the Best 3-Row Electric Vehicle award 2024 Kia Telluride celebrates fifth consecutive year as a Kelley Blue Book Best Buy Awards winner, taking the win in the Best Midsize SUV category IRVINE, Calif. , Dec. 12, 2023 /PRNewswire/ -- The all-new 2024 Kia EV9 and the acclaimed 2024 Telluride have been named to the 2024 Kelley Blue Book Best Buy Awards list.

KIA EV9 AND TELLURIDE WIN 2024 KELLEY BLUE BOOK BEST BUY AWARDS

Analysts at Jefferies have upgraded Best Buy Co Inc (NYSE:BBY) to ‘Buy' from hold, citing an expected improvement in demand as the replacement cycle for consumer electronics  bought during the pandemic gets closer and rising consumer interest in artificial intelligence (AI) adds a “cherry on top.” “'24 won't be a banner year,” but investor expectations for negative mid-single digit declines in comparable sales are conservative given double-digit and high single-digit declines in 2022 and 2023, respectively, the analysts wrote ina client note.

News for Best Buy Stock (BBY)