- Adjusted EPS: $1.34 vs. $1.22 y/y, estimate $1.16.
- Enterprise Comparable Sales: -2.3% vs. -6.2% y/y, estimate -3.17%.
- International Comparable Sales: -1.8% vs. -5.4% y/y, estimate -2.22%.
- US Comparable Sales: -2.3% vs. -6.3% y/y, estimate -3.33%.
- US Entertainment Comp Sales: -7.4% vs. +9% y/y, estimate -6.86%.
- US Appliances Comparable Sales: -14.9% vs. -16.1% y/y, estimate -9.93%.
- US Computing & Mobile Phone Comparable Sales: +3.9% vs. -6.4% y/y, estimate +1.7%.
- US Consumer Electronics Comparable Sales: -6.2% vs. -5.7% y/y, estimate -4.67%.
- US Online Comparable Sales: -1.6% vs. -7.1% y/y.
- Revenue: $9.29 billion, -3.1% y/y, estimate $9.24 billion.
- US Revenue: $8.62 billion, -3% y/y, estimate $8.55 billion.
- International Revenue: $665 million, -4% y/y, estimate $677 million.
- Gross Margin: 23.5% vs. 23.2% y/y, estimate 23.5%.
- Q3 FY25 Outlook: Expected comparable sales decline by approximately 1.0%, non-GAAP operating income rate to be approximately 3.7%.
- Strong Domestic Performance: Domestic tablet and computing categories posted comparable sales growth of 6% vs. last year.
- Analyst Ratings: 11 buys, 15 holds, 3 sells.
Best Buy Co Inc on Smartkarma
Analyst coverage of Best Buy Co Inc on Smartkarma by Baptista Research has shed light on key aspects affecting the company. In their report “Best Buy Co.: How Are Strategically Using AI In The Business! – Major Drivers,” positive insights were highlighted from the first quarter fiscal 2025 earnings. The report emphasized the company’s better-than-expected Q1 profitability and its focus on driving improvements in priorities and operational metrics.
Another report by Baptista Research titled “Best Buy Co.: Online Sales Growth & 5 Factors Driving Its Performance! – Financial Forecasts” discussed the mixed sentiments from Best Buy’s fourth quarter fiscal 2024 results. Despite facing challenges, CEO Corie Barry praised the company’s performance in a pressured Consumer Electronics sales environment, achieving annual profitability at the high end of their original guidance. However, the report noted that revenues fell short of the guidance range. These insights provide a comprehensive view of Best Buy Co Inc‘s recent performances and strategies.
A look at Best Buy Co Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Best Buy Co Inc shows a promising long-term outlook. With a strong score in Dividend and Momentum, the company is positioned well to provide consistent dividend returns to its investors and has a positive momentum in its stock performance. Additionally, a moderate score in Growth indicates potential for expansion and improvement in the company’s market presence. While Value and Resilience scores are not as high, the overall outlook remains positive for Best Buy Co Inc as it continues to grow and adapt in the consumer electronics industry.
Best Buy Co Inc, a retail company specializing in consumer electronics, entertainment software, appliances, and related services, has received a mix of Smart Scores indicating a balanced performance in key areas. The company’s strong focus on dividends and momentum suggests stability and growth potential in the long run. Despite average scores in value and resilience, Best Buy Co Inc‘s strategic positioning in the market and broad product offerings position it well for continued success in the ever-evolving retail landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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