Categories AlphaGraphs, Retail

Infographic: How Best Buy (BBY) performed in Q1 2022

Best Buy Co. Inc. (NYSE: BBY) reported first quarter 2022 earnings results today.

Enterprise revenues increased to $11.6 billion from $8.5 billion in the same period a year ago. Enterprise comparable sales rose 37.2%.

Net income was $595 million, or $2.32 per share, compared to $159 million, or $0.61 per share, last year. Adjusted EPS amounted to $2.23.

Both revenue and adjusted EPS surpassed market estimates.

For the second quarter of 2022, enterprise comparable sales are expected to grow approx. 17%. For the full year of 2022, enterprise comparable sales are expected to grow 3-6%.

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) becomes a compelling buy after strong earnings, Activision deal

Microsoft Corp. (NASDAQ: MSFT) is one of the most innovative technology companies, constantly transforming the business to align with the rapidly changing digital economy. While aggressively participating in the digital

Microsoft (MSFT) Q2 revenue up 20%, earnings beat estimates

Software giant Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported higher revenues and earnings for the second quarter of 2022. The results also topped expectations. At $51.7 billion, second-quarter revenues were

NFLX Stock: What the slowdown in subscriber growth means for Netflix

When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse

Add Comment
Viewing Highlight