Categories AlphaGraphs, Earnings, Retail

Best Buy (BBY) Q3 2023 Earnings: Key financials and quarterly highlights

Best Buy Co., Inc. (NYSE: BBY) reported third quarter 2023 earnings results today.

Enterprise revenue was $10.5 billion compared to $11.9 billion in the same quarter a year ago. Comparable sales declined 10.4%.

GAAP net income was $277 million, or $1.22 per share, compared to $499 million, or $2.00 per share, last year. Adjusted EPS was $1.38.

For FY2023, comparable sales are expected to decline approx. 10%.

Prior performance

Best-Buy-Q2-2023-Earnings-Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

What to look for when Hormel Foods (HRL) reports Q4 2023 earnings

Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings

Kroger set to report Q3 results. Here’s everything you need to know

The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer

Earnings Preview: Salesforce will likely deliver another strong quarter

Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative

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