研究报告WeeklyReportBest Buy Co., Inc.BBYSpecialty RetailConsumer Cyclical

BestBuy Quarter Earnings

Q3 FY25 (20241125)

  • Revenue decreased from9,445 million in Q3 FY25.

  • Domestic segment revenue decreased from8,697 million in Q3 FY25.

  • International segment revenue decreased from748 million in Q3 FY25.

  • Enterprise comparable sales declined less in Q3 FY25 (-2.9%) compared to Q3 FY24 (-6.9%).

  • Domestic comparable sales decline improved from -7.3% in Q3 FY24 to -2.8% in Q3 FY25.

  • Domestic comparable online sales decline improved from -9.3% in Q3 FY24 to -1.0% in Q3 FY25.

  • International comparable sales decline worsened from -1.9% in Q3 FY24 to -3.7% in Q3 FY25.

  • GAAP operating income as a percentage of revenue slightly increased from 3.6% in Q3 FY24 to 3.7% in Q3 FY25.

  • Non-GAAP operating income as a percentage of revenue decreased from 3.8% in Q3 FY24 to 3.7% in Q3 FY25.

  • GAAP diluted EPS increased from1.26 in Q3 FY25.

  • Non-GAAP diluted EPS decreased from1.26 in Q3 FY25.

  • Full year revenue guidance for FY25 adjusted to41.5 billion, down from the previous year's guidance for FY24 of43.7 billion.

  • Full year comparable sales guidance for FY25 adjusted to a decline of 2.5% to 3.5%, showing an improvement in outlook compared to FY24's guidance of a decline of 6.0% to 7.5%.

  • Full year non-GAAP operating income rate for FY25 is maintained at 4.1% to 4.2%, compared to FY24's guidance of 4.0% to 4.1%.

  • Non-GAAP diluted EPS guidance for FY25 is adjusted to6.25, compared to FY24's guidance of6.30.