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
Key takeaways from Kroger’s (KR) Q1 2025 earnings report
The Kroger Co. (NYSE: KR) recently reported mixed results for the first quarter of fiscal 2025, with earnings beating estimates and sales missing. The grocery giant’s stock rose following the
What to expect when McCormick & Company (MKC) reports Q2 2025 earnings results
Shares of McCormick & Company, Incorporated (NYSE: MKC) gained over 1% on Monday. The stock has dropped 7% over the past three months. The condiments maker is slated to report its second
Earnings Preview: Paychex (PAYX) looks set to end FY25 on a strong note
Paychex Inc. (NASDAQ: PAYX) has benefited from the stable labor market and resilient customers, despite inflationary pressures and the challenging economic environment. The company is leveraging its strong fundamentals and