Categories AlphaGraphs, Earnings, Retail
Infographic: Key highlights from Best Buy (BBY) Q1 2023 earnings results
Best Buy Co., Inc. (NYSE: BBY) reported first quarter 2023 earnings results today.
Enterprise revenue dropped to $10.6 billion from $11.6 billion in the year-ago period. Comparable sales were down 8%.
Net earnings amounted to $341 million, or $1.49 per share, compared to $595 million, or $2.32 per share, last year. Adjusted EPS totaled $1.57.
For FY2023, revenue is expected to range between $48.3-49.9 billion while comparable sales is expected to decline 3-6%. Adjusted EPS is expected to be $8.40-9.00.
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
ADBE Earnings: Adobe Q1 2024 revenue and profit beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in first-quarter 2024 revenue and earnings. The results also surpassed analysts' forecasts. First-quarter revenues came in at $5.18
Earnings Preview: FedEx (FDX) likely to report higher revenue and profit for Q3
FedEx Corporation (NYSE: FDX) delivered positive earnings performance and margin expansion in the first half of fiscal 2024, despite lower revenues. The cargo giant has been on a path of
Key takeaways from Dollar General’s (DG) Q4 2023 earnings report
Shares of Dollar General Corporation (NYSE: DG) fell over 4% on Thursday despite the company delivering better-than-expected earnings results for the fourth quarter of 2023. The top and bottom line numbers