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Best Buy (NYSE: BBY) Q3 2025 Earnings Call Nov 26, 2024, 8:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. ... These statements may address the financial condition, business ...
Here's what Best Buy posted for the third quarter, compared to Bloomberg consensus data estimates: Adjusted earnings per share: $1.26 versus $1.29. Net sales: $9.45 billion versus $9.63 billion.
Best Buy now expects annual comparable sales to decline between 2.5% and 3.5%, compared with between 1.5% and 3% earlier, while it also trimmed the upper end of its adjusted profit per share target.
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
The list excludes large privately held companies such as Cargill and Koch Industries whose financial data is not necessarily available to the public. However, this list does include several government-sponsored enterprises that were created by acts of Congress and later became publicly traded.
Best Buy had been reported to be considering bidding for Comet Group. Best Buy closed all of its stores in the United Kingdom on January 14, 2012, due to poor financial results. [13] The Best Buy–Carphone Warehouse partnership ended in June 2013, with Carphone buying back their 50% share from the American retailer.
Here's what Best Buy reported in Q2, compared to what Wall Street expected, per Bloomberg consensus data: Adjusted earnings per share: $1.34 versus $1.16 Net sales: $9.29 billion versus $9.24 billion
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