Best Buy Co. Inc. (NYSE: BBY) reported the fourth quarter of 2022 earnings results today.
Enterprise revenues decreased to $16.3 billion from $16.9 billion in the same period a year ago.
Enterprise comparable sales decreased to 2.3% compared to 12.6% in the previous year.
Net income was $626 million, or $2.62 per share, compared to $816 million, or $3.10 per share, last year.
Adjusted EPS decreased by 1%, which amounted to $3.84
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per