Best Buy Past Earnings Performance
Past criteria checks 3/6
Best Buy's earnings have been declining at an average annual rate of -5.6%, while the Specialty Retail industry saw earnings growing at 11.5% annually. Revenues have been declining at an average rate of 0.3% per year. Best Buy's return on equity is 40.6%, and it has net margins of 3%.
Key information
-5.6%
Earnings growth rate
-1.3%
EPS growth rate
| Specialty Retail Industry Growth | 3.6% |
| Revenue growth rate | -0.3% |
| Return on equity | 40.6% |
| Net Margin | 3.0% |
| Next Earnings Update | 26 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Best Buy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 03 Aug 24 | 42,537 | 1,260 | 7,665 | 0 |
| 04 May 24 | 42,832 | 1,243 | 7,718 | 0 |
| 03 Feb 24 | 43,452 | 1,241 | 7,815 | 0 |
| 28 Oct 23 | 43,541 | 1,276 | 7,785 | 0 |
| 29 Jul 23 | 44,372 | 1,290 | 7,842 | 0 |
| 29 Apr 23 | 45,118 | 1,322 | 7,844 | 0 |
| 28 Jan 23 | 46,298 | 1,419 | 7,884 | 0 |
| 29 Oct 22 | 47,928 | 1,550 | 8,125 | 0 |
| 30 Jul 22 | 49,251 | 1,772 | 8,317 | 0 |
| 30 Apr 22 | 50,771 | 2,200 | 8,442 | 0 |
| 29 Jan 22 | 51,761 | 2,454 | 8,542 | 0 |
| 30 Oct 21 | 52,333 | 2,644 | 8,493 | 0 |
| 31 Jul 21 | 52,276 | 2,536 | 8,565 | 0 |
| 01 May 21 | 50,337 | 2,234 | 8,261 | 0 |
| 30 Jan 21 | 47,262 | 1,798 | 7,848 | 0 |
| 31 Oct 20 | 45,521 | 1,727 | 7,830 | 0 |
| 01 Aug 20 | 43,432 | 1,629 | 7,601 | 0 |
| 02 May 20 | 43,058 | 1,435 | 7,821 | 0 |
| 01 Feb 20 | 43,638 | 1,541 | 7,995 | 0 |
| 02 Nov 19 | 43,243 | 1,531 | 7,952 | 0 |
| 03 Aug 19 | 43,069 | 1,515 | 7,994 | 0 |
| 04 May 19 | 42,912 | 1,521 | 7,969 | 0 |
| 02 Feb 19 | 42,879 | 1,464 | 7,979 | 0 |
| 03 Nov 18 | 43,441 | 1,093 | 8,136 | 0 |
| 04 Aug 18 | 43,171 | 1,054 | 8,069 | 0 |
| 05 May 18 | 42,732 | 1,019 | 8,022 | 0 |
| 03 Feb 18 | 42,151 | 999 | 8,023 | 0 |
| 28 Oct 17 | 40,270 | 1,242 | 7,601 | 0 |
| 29 Jul 17 | 39,895 | 1,196 | 7,556 | 0 |
| 29 Apr 17 | 39,488 | 1,169 | 7,488 | 0 |
| 28 Jan 17 | 39,403 | 1,207 | 7,524 | 0 |
| 29 Oct 16 | 39,544 | 1,077 | 7,512 | 0 |
| 30 Jul 16 | 39,418 | 1,014 | 7,492 | 0 |
| 30 Apr 16 | 39,413 | 996 | 7,528 | 0 |
| 30 Jan 16 | 39,528 | 807 | 7,612 | 0 |
| 31 Oct 15 | 40,114 | 854 | 7,610 | 0 |
| 01 Aug 15 | 40,327 | 841 | 7,611 | 0 |
| 02 May 15 | 40,258 | 814 | 7,562 | 0 |
| 31 Jan 15 | 40,339 | 1,246 | 7,550 | 0 |
| 01 Nov 14 | 38,801 | 1,040 | 7,321 | 0 |
| 02 Aug 14 | 39,096 | 967 | 7,485 | 0 |
| 03 May 14 | 39,903 | 1,067 | 7,781 | 0 |
| 01 Feb 14 | 40,611 | 695 | 8,007 | 0 |
Quality Earnings: 1BBY has high quality earnings.
Growing Profit Margin: 1BBY's current net profit margins (3%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1BBY's earnings have declined by 5.6% per year over the past 5 years.
Accelerating Growth: 1BBY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1BBY had negative earnings growth (-2.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (-3.3%).
Return on Equity
High ROE: 1BBY's Return on Equity (40.6%) is considered outstanding.