Best Buy Past Earnings Performance
Past criteria checks 3/6
Best Buy's earnings have been declining at an average annual rate of -7.6%, while the Specialty Retail industry saw earnings growing at 17% annually. Revenues have been declining at an average rate of 1.1% per year. Best Buy's return on equity is 41.2%, and it has net margins of 3%.
Key information
-7.6%
Earnings growth rate
-3.1%
EPS growth rate
| Specialty Retail Industry Growth | 26.6% |
| Revenue growth rate | -1.1% |
| Return on equity | 41.2% |
| Net Margin | 3.0% |
| Last Earnings Update | 02 Nov 2024 |
Recent past performance updates
Recent updates
Is Best Buy (NYSE:BBY) A Risky Investment?
Dec 26
The Best Buy Co., Inc. (NYSE:BBY) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Dec 10What Does Best Buy Co., Inc.'s (NYSE:BBY) Share Price Indicate?
Dec 06Best Buy: With Weaker Spending, It's Best To Get Out Of This Stock (Rating Downgrade)
Nov 27Best Buy Co., Inc.'s (NYSE:BBY) Shares Not Telling The Full Story
Nov 21Best Buy: Q3 Outlook Remains Weak
Nov 14Return Trends At Best Buy (NYSE:BBY) Aren't Appealing
Oct 22Best Buy: Impressive Bull Run But Dividend Safety Remains A Concern
Oct 15Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 50% Below Their Intrinsic Value Estimate
Sep 23Best Buy: Encouraging Trends, But Risks Remain (Rating Upgrade)
Sep 19Results: Best Buy Co., Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Sep 10Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?
Aug 30Think Twice Before Considering Best Buy For Your Portfolio (Q2 Earnings Preview)
Aug 27Fewer Investors Than Expected Jumping On Best Buy Co., Inc. (NYSE:BBY)
Aug 14Why Best Buy Co., Inc. (NYSE:BBY) Could Be Worth Watching
Jul 30Best Buy: Short Opportunity Due To Overvaluation And Weakening Consumer Spending Outlook
Jul 15Best Buy (NYSE:BBY) Has More To Do To Multiply In Value Going Forward
Jul 15Best Buy (NYSE:BBY) Is Due To Pay A Dividend Of $0.94
Jun 08Best Buy: Close To The Beginning Of The New Cycle
May 31These 4 Measures Indicate That Best Buy (NYSE:BBY) Is Using Debt Reasonably Well
May 22Market Still Lacking Some Conviction On Best Buy Co., Inc. (NYSE:BBY)
May 07What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?
Apr 24Best 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 08Best Buy: Don't Get Lumped With This Coal This Christmas
Dec 22A Best Buy It's Not
Nov 21Best Buy: The Electronics Store Era Is Coming To An End
Nov 15Best Buy: 5% Yield Is At Risk In A Changing World
Oct 10Best Buy: Remains A Hold Amid Mixed Q2 Results And Industry Headwinds
Sep 08Revenue & 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 |
|---|---|---|---|---|
| 02 Nov 24 | 42,226 | 1,270 | 7,668 | 0 |
| 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: BBY has high quality earnings.
Growing Profit Margin: BBY'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: BBY's earnings have declined by 7.6% 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 (-0.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (-5.3%).
Return on Equity
High ROE: BBY's Return on Equity (41.2%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:03 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Best Buy Co., Inc. is covered by 57 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |
| Ishan Majumdar | Baptista Research |