Categories AlphaGraphs, Consumer, Earnings
Best Buy Co. (BBY) Q1 2025 earnings rise; comparable sales down 6.1%
Best Buy Co., Inc. (NYSE: BBY), a leading retailer of consumer electronics and related merchandise, reported higher profit for the first quarter of 2025, despite a decline in revenues.
First-quarter revenues decreased to $8.85 billion from $9.47 billion in the corresponding period of 2024. Total comparable sales declined 6.1%, continuing the recent trend.
The company reported earnings of $1.20 per share for the April quarter, on an adjusted basis, which is up 4% from the $1.15 per share profit it earned in the year-ago quarter. Net income, including special items, was $246 million or $1.13 per share in Q1, compared to $244 million or $1.11 per share a year earlier.
Corie Barry, Best Buy’s CEO, said, “Through strong execution, we continued to manage our profitability while at the same time preparing for future growth. We made progress on our FY25 priorities, grew our paid membership base, and drove improvements in our customer experiences.”
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
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
