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
Microsoft (MSFT) reports higher revenue and profit for Q3 2024
Microsoft Corp. (NASDAQ: MSFT) on Thursday said its third-quarter 2024 earnings increased year-over-year, reflecting strong performance by the tech giant’s main operating segments. Third-quarter revenues came in at $61.86 billion,
GOOG, GOOGL Earnings: All you need to know about Alphabet’s Q1 2024 earnings results
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its first quarter 2024 earnings results today. Revenues increased 15% year-over-year to $80.5 billion. Revenue growth was 16% in constant currency. Net income was
MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
