Best Buy Earnings Beats Estimates but Cuts FY23 Guidance
(Best Buy) Best Buy announced adjusted earnings per share of $1.57 in the first quarter of 2023, surpassing estimates of $1.56 per share. The earnings were below $2.23 in the…
Best Buy Upgrades Guidance after Revenue Rose by 20% in Q2 FY22
(Best Buy) Best Buy Co. Inc. announced net revenue of $11.9 billion in the second quarter of the 2022 fiscal year, up from net revenue of $9.9 billion in the…
Best Buy Earnings Top Estimates In The Third Quarter, But Shares Plummet
Best Buy’s same-store sales rose 23%, more than expected 13.6%, while online sales in the U.S. grew by 174% in the third quarter, according to the company’s press release. The…