Categories AlphaGraphs, Earnings, Retail
Best Buy Co. (BBY) Q2 2023 Earnings: Key financials and quarterly highlights
Best Buy Co. Inc. (NYSE: BBY) reported its second quarter 2023 earnings results today.
Enterprise revenue dropped to $10.3 billion from $11.8 billion in the year-ago period. Comparable sales fell 12.1%.
Net earnings declined to $306 million, or $1.35 per share, from $734 million, or $2.90 per share, in the prior-year quarter. Adjusted EPS amounted to $1.54.
Best Buy expects its comparable sales for the third quarter of 2023 to decline slightly more than the 12.1% reported this quarter. For the full year of 2023, comparable sales are expected to decline around 11%.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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
