tradingkey.logo
tradingkey.logo
Search

Best Buy's Q4 earnings, enterprise comparable sales trump estimates

Investing.comMar 4, 2025 12:50 PM
facebooktwitterlinkedin
View all comments(0)

Investing.com -- Best Buy (NYSE:BBY) reported fourth-quarter earnings and revenue that surpassed analyst expectations. The retailer's shares edged slightly higher in premarket trading Tuesday. 

The company's earnings per share (EPS) for the quarter came in at $2.58, beating the consensus estimate of $2.39. It generated a revenue of $13.95 billion, also above the projected $13.66 billion.

Enterprise comparable sales rose 0.5%, reversing a 4.8% decline from the previous year and outperforming the estimated 1.43% decline.

Gross margin for the period improved to 20.9%, up from 20.5% a year earlier and slightly better than the 20.7% forecast.

For fiscal 2026, Best Buy expects EPS between $6.20 and $6.60, compared to the consensus estimate of $6.60. Revenue is projected to range between $41.4 billion and $42.2 billion, while analysts expected $41.811 billion.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.