$BBY (+0,95%) | Best Buy Q3 Earnings Highlights:
πΉ EPS: $1.26 (Est. $1.30) π΄; DOWN -2% YoY
πΉ Revenue: $9.45B (Est. $9.63B) π΄; DOWN -3.2% YoY
πΉ Comparable Sales: -2.9% (Est. -1.0%) π΄
πΉ Gross Margin: 23.6% (Est. 23.1%) π’; UP +70 bps YoY
πΉ Operating Margin: 3.7% (Est. 3.7%) π‘
FY25 Guidance:
πΉ Revenue: $41.1B-$41.5B (Prev. $41.3B-$41.9B) π‘
πΉ Comparable Sales Decline: -3.5% to -2.5% (Prev. -3.0% to -1.5%) π΄
πΉ Non-GAAP Operating Income Rate: 4.1%-4.2% (UNCHANGED) π‘
πΉ Non-GAAP EPS: $6.10-$6.25 (Prev. $6.10-$6.35) π΄
Q3 Segments:
πΉ Domestic Revenue: $8.70B (Est. $8.87B) π΄; DOWN -3.3% YoY
πΉ International Revenue: $748M (Est. $750.7M) π‘; DOWN -1.6% YoY
Q3 Regionals SSS:
πΉ Domestic: -2.8% (Est. -0.8%) π΄
πΉ International: -3.7% (Est. -1.1%) π΄
πΉ Domestic Online Sales: -1.0% YoY
Shareholder Returns:
πΉ Q3 Share Repurchases: $137M
πΉ Dividends Paid: $202M
πΉ Quarterly Dividend: $0.94/share; payable January 7, 2025
CEO Commentary:
πΈ "Q3 results reflect stable operating margins despite softer-than-expected sales. Early Q4 shows positive demand trends as holiday sales ramp up."