Categories AlphaGraphs, Earnings, Retail

BBY Earnings: Key quarterly highlights from Best Buy’s Q1 2024 financial results

Best Buy Co., Inc. (NYSE: BBY) reported first quarter 2024 earnings results today.

Enterprise revenue totaled $9.5 billion compared to $10.6 billion reported in the same period a year ago. Enterprise comparable sales were down 10.1%.

Net earnings were $244 million, or $1.11 per share, compared to $341 million, or $1.49 per share, last year. Adjusted EPS was $1.15.

For FY2024, Best Buy expects revenue to range between $43.8-45.2 billion and comparable sales to decline 3-6%.

Prior performance

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results

Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a

AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates

Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top