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Best Buy Co (BBY)
NYSE:BBY
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
1.08Last Year’s EPS
1.2Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -14.95%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment with several positive outcomes such as better-than-expected sales and earnings, strong digital sales, and growth in computing and tablets. However, these are counterbalanced by challenges such as sales declines in specific categories, concerns about the impact of tariffs, and a significant impairment charge for Best Buy Health. The company is optimistic about future growth and strategic initiatives but faces uncertainties in the macroeconomic environment.Company Guidance
During Best Buy's Fourth Quarter Fiscal 2025 Earnings Call, the company reported nearly $14 billion in revenue with an adjusted operating income rate of 4.9% and adjusted earnings per share of $2.58. Despite a 2.3% decline in comparable sales, they achieved a 20 basis point increase in annual adjusted operating income rate. Digital sales accounted for almost 40% of total domestic sales, with a 20% growth in app traffic. The company saw substantial growth in computing and tablets, with domestic comparable sales growth of 9% in these categories. Additionally, laptop sales increased by 10% compared to 7% in Q3. Best Buy's fiscal 2026 priorities include driving omnichannel experience improvements, launching and scaling profit streams like Best Buy Marketplace and Best Buy Ads, and enhancing operational effectiveness to fund strategic investments. The company anticipates enterprise revenue between $41.4 billion and $42.2 billion, with comparable sales growth of flat to 2%. They expect gross profit rates to range from flat to an increase of 20 basis points, with capital expenditures projected at $700 million to $750 million.Better-than-Expected Sales and Earnings
Best Buy reported both better-than-expected sales and earnings for the fourth quarter with enterprise comparable sales growth of 0.5% and revenue of almost $14 billion.
Improved Operating Income Rate
The company delivered an adjusted operating income rate of 4.9%, with a 20 basis points annual adjusted operating income rate expansion on a 2.3% comparable sales decline.
Strong Digital Sales and App Engagement
Digital sales comprised almost 40% of total domestic sales, with the Best Buy app achieving the #1 ranked shopping app position on the Apple App Store on Black Friday, seeing almost 20% traffic growth.
Growth in Computing and Tablets
Best Buy reported better-than-expected domestic comparable sales growth of 9% in the combined computing and tablet categories, with laptop sales growth increasing to 10%.
Improved Customer and Employee Engagement
Enhanced vendor experiences and labor enhancements contributed to a material year-over-year improvement in Net Promoter Score and the lowest employee turnover metrics in 6 years.
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BBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | $86.74 | $75.20 | -13.30% |
| Nov 26, 2024 | $92.04 | $87.54 | -4.89% |
| Aug 29, 2024 | $86.03 | $98.18 | +14.12% |
| May 30, 2024 | $69.75 | $79.12 | +13.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Best Buy Co (BBY) report earnings?
Best Buy Co (BBY) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Best Buy Co (BBY) earnings time?
Best Buy Co (BBY) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BBY EPS forecast?
BBY EPS forecast for the fiscal quarter 2026 (Q1) is 1.08.
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