Categories AlphaGraphs, Earnings, Retail
Best Buy (BBY) Q3 2024 Earnings: Key financials and quarterly highlights
Best Buy Co., Inc. (NYSE: BBY) reported its earnings results for the third quarter of 2024 today.
Enterprise revenue totaled $9.7 billion compared to $10.5 billion reported in the same period last year. Comparable sales declined 6.9%.

Net earnings were $263 million, or $1.21 per share, compared to $277 million, or $1.22 per share, last year. Adjusted EPS was $1.29.
Earnings beat estimates while revenue fell short. The company also lowered its guidance for the full year.
For the fourth quarter of 2024, Best Buy expects comparable sales to decline 3-7%. For the full year of 2024, the company expects revenue of $43.1-43.7 billion and adjusted EPS of $6.00-6.30. Comparable sales for the year are expected to decline 6.0-7.5%.
The stock was down over 5% in premarket hours on Tuesday.
Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DG Earnings Preview: What to look for when Dollar General reports Q3 results
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Dollar Tree (DLTR): A few points to note about the discount retailer’s Q3 performance
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
KR Earnings: Key quarterly highlights from Kroger’s Q3 2023 financial results
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales