Best Buy Past Earnings Performance
Past criteria checks 1/6
Best Buy's earnings have been declining at an average annual rate of -1.3%, while the Specialty Retail industry saw earnings growing at 24.3% annually. Revenues have been growing at an average rate of 1.4% per year. Best Buy's return on equity is 40.6%, and it has net margins of 2.9%.
Key information
-1.3%
Earnings growth rate
3.0%
EPS growth rate
| Specialty Retail Industry Growth | 26.6% |
| Revenue growth rate | 1.4% |
| Return on equity | 40.6% |
| Net Margin | 2.9% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?
Apr 24
Best Buy Remains Highly Vulnerable To E-Commerce
Apr 16There Are Reasons To Feel Uneasy About Best Buy's (NYSE:BBY) Returns On Capital
Apr 08Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year
Mar 14Best Buy Q4 Results: Higher Profitability Offset By Continued Topline Softness
Feb 29Best Buy: Is The ~5% Yield Safe Or Is A Dividend Cut In The Works?
Feb 15Is There An Opportunity With Best Buy Co., Inc.'s (NYSE:BBY) 37% Undervaluation?
Feb 05Best Buy: Capital Return Story Attractive With Possible Demand Recovery
Jan 25Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?
Jan 22The Market Doesn't Like What It Sees From Best Buy Co., Inc.'s (NYSE:BBY) Earnings Yet
Jan 08At US$76.14, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?
Dec 25Best Buy: Don't Get Lumped With This Coal This Christmas
Dec 22The Returns On Capital At Best Buy (NYSE:BBY) Don't Inspire Confidence
Dec 05A Best Buy It's Not
Nov 21Best Buy: The Electronics Store Era Is Coming To An End
Nov 15We Think Best Buy (NYSE:BBY) Is Taking Some Risk With Its Debt
Oct 23Best Buy: 5% Yield Is At Risk In A Changing World
Oct 10Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 41% Below Their Intrinsic Value Estimate
Oct 08Is Now The Time To Look At Buying Best Buy Co., Inc. (NYSE:BBY)?
Sep 11Best Buy: Remains A Hold Amid Mixed Q2 Results And Industry Headwinds
Sep 08Capital Allocation Trends At Best Buy (NYSE:BBY) Aren't Ideal
Aug 27Best Buy Offers Great Value And Upside
Aug 07Is Best Buy Co., Inc. (NYSE:BBY) Trading At A 28% Discount?
Jul 06Best Buy's 5% Dividend: High-Yield Haven Or Risky Bet?
Jun 21Is Best Buy (NYSE:BBY) Using Too Much Debt?
Jun 08Best Buy: Bouncing Off The Bottom
May 26What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?
May 24Best Buy (NYSE:BBY) Might Become A Compounding Machine
May 09Best Buy Co., Inc.'s (NYSE:BBY) Intrinsic Value Is Potentially 42% Above Its Share Price
Mar 26Here's Why Best Buy (NYSE:BBY) Can Manage Its Debt Responsibly
Feb 27At US$87.26, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?
Feb 14Best Buy: Q4 Guidance Looks Aggressive
Feb 08Best Buy (NYSE:BBY) Looks To Prolong Its Impressive Returns
Feb 01Best Buy: A Brief Look At The Profitability And Efficiency
Jan 28Why To Hold Best Buy In 2023
Dec 10What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?
Nov 08Best Buy: Understanding 'Last Man Standing' Bias
Nov 03Investors Met With Slowing Returns on Capital At Best Buy (NYSE:BBY)
Oct 21An Updated View On Best Buy
Sep 25Best Buy Co., Inc. (NYSE:BBY) is a Value Investors' Dividend Opportunity
Sep 05Best Buy declares $0.88 dividend
Aug 31Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow 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 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 | 7,836 | 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 | 8,320 | 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 |
| 02 Nov 13 | 42,295 | -326 | 8,452 | 0 |
| 03 Aug 13 | 42,349 | -378 | 8,614 | 0 |
Quality Earnings: BBY has a high level of non-cash earnings.
Growing Profit Margin: BBY's current net profit margins (2.9%) are lower than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BBY's earnings have declined by 1.3% per year over the past 5 years.
Accelerating Growth: BBY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BBY had negative earnings growth (-12.1%) over the past year, making it difficult to compare to the Specialty Retail industry average (-16.3%).
Return on Equity
High ROE: BBY's Return on Equity (40.6%) is considered outstanding.