Thursday, August 29th, 2024It’s a big morning for stock market and economic data this morning. Weekly Jobless Claims, a revision to Q2 GDP, Retail/Wholesale Inventories and the latest Advances Trade Balance join a flurry of late Q2 earnings reports ahead of today’s opening bell.Pre-market futures look to have absorbed the earnings results from NVIDIA (NVDA) after yesterday’s close, and even though the GPU titan is trading down -3% at this hour, the Nasdaq is up +75 points currently, the S&P 500 is +20 and t ...

Best Buy TodayBBYBest Buy$101.74 +13.95 (+15.89%) 52-Week Range$62.30▼$103.49Dividend Yield3.70%P/E Ratio17.82Price Target$90.87Add to WatchlistBest Buy NYSE: BBY has been attempting to navigate a difficult retail sector environment marked by declining sales and increased competition from e-commerce giants. Best Buy’s earnings report for the second quarter of fiscal year 2025 (Q2 FY2025) was recently released, offering some promising signals for investors.Best Buy’s financial report release unveiled an earn ...

文章核心观点 - 尽管Best Buy的同店销售下降2.3%,总销售额同比下降3.1%,但公司仍实现了7%的利润增长 [1][2] - Best Buy的毛利率和营业利润率均有所提升,分别增加了30个基点和50个基点 [2] - 公司预计全年销售额将下降1.5%-3%,但调高了全年非GAAP每股收益预期至6.10-6.35美元 [3] - 根据分析师预测的10.7%长期盈利增长率和4.3%的股息收益率,Best Buy股票估值合理,可被视为"买入"标的 [3] 行业分析 - 消费者正在寻求价值和销售活动,这可能会影响公司的利润率 [2] - 零售环境正在"趋于稳定",但公司预计全年销售额仍将下降 [3] 公司分析 - Best Buy第二季度实现了利润增长,但同店销售和总销售额均有所下降 [1][2] - 公司毛利率和营业利润率均有所提升 [2] - 公司调高了全年非GAAP每股收益预期 [3]

For the quarter ended July 2024, Best Buy (BBY) reported revenue of $9.29 billion, down 3.1% over the same period last year. EPS came in at $1.34, compared to $1.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $9.23 billion, representing a surprise of +0.63%. The company delivered an EPS surprise of +16.52%, with the consensus EPS estimate being $1.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Best Buy (BBY) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.52%. A quarter ago, it was expected that this consumer electronics retailer would post earnings of $1.07 per share when it actually produced earnings of $1.20, delivering a surprise of 12.15%.Over the last four quarters ...

财务业绩 - 企业总收入为92.88亿美元，同比下降3.1%[2] - 国内分部收入为86.23亿美元，同比下降3.0%[5] - 国内可比销售额下降2.3%[2] - 国内在线可比销售额下降1.6%[2] - 国际分部收入为6.65亿美元，同比下降4.0%[8] - 国际可比销售额下降1.8%[8] - 公司三个月和六个月的总收入分别为92.88亿美元和181.35亿美元[19] - 公司国内分部三个月和六个月的收入分别为86.23亿美元和168.26亿美元[28] - 国际业务收入为6.65亿美元，同比下降1.8%[30] 盈利能力 - 国内毛利率为23.5%，同比上升0.4个百分点[6] - 国际毛利率为23.9%，同比下降0.3个百分点[9] - 三个月和六个月的毛利率分别为23.5%和23.4%[19] - 公司国内分部三个月和六个月的毛利率分别为23.5%和23.4%[28] - 国际业务毛利率为23.9%，同比下降0.3个百分点[30] - 公司整体营业利润为3.83亿美元，营业利润率为4.1%[37] - 国际业务营业利润为1.6亿美元，营业利润率为2.4%[30] - 公司国内分部三个月和六个月的营业利润率分别为4.3%和4.0%[28] 费用管理 - 国内非GAAP销售、一般及管理费用率为19.3%，同比下降0.1个百分点[6,7] - 公司整体销售费用及管理费用占收入19.5%，同比下降0.1个百分点[37] - 国际业务销售费用及管理费用为1.42亿美元，占收入21.4%[30] 盈利预测 - 公司预计全年非GAAP每股收益为6.10美元至6.35美元[4] - 公司三个月和六个月的每股收益分别为1.34美元和2.47美元[19] - 公司整体非GAAP每股收益为2.54美元[40] 其他财务指标 - 公司认为ROA是最直接可比的财务指标与ROI[42] - 非GAAP ROI定义为非GAAP调整后营业收入除以平均投资营业资产[42] - 公司认为非GAAP ROI是一个有意义的指标,因为它衡量了关键资产的部署效率[42] - 2024年8月3日,公司的ROA为7.9%,2023年7月29日为8.0%[43] - 2024年8月3日,公司的非GAAP ROI为23.9%,2023年7月29日为24.4%[43] - 公司营业收入调整包括重组费用和无形资产摊销[43] - 公司将超过10亿美元的现金视为超额现金,从平均投资营业资产中扣除[43] - 公司将总负债扣除短期债务和租赁负债的流动部分后得到调整后流动负债[43] 其他 - 公司在本期内出售子公司获得净收益2100万美元[19] - 国内业务计算机和手机类收入占比44%，同比增长3.9%[33] - 国内业务家用电器类收入占比13%，同比下降14.9%[33] - 公司整体非GAAP有效税率为25.8%[37]

CHINA - 2024/06/21: In this photo illustration, the American multinational consumer electronics ... [+] retailer company Best Buy (NYSE: BBY) logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesBest Buy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its Q2 2025 results on Thursday, August 29 (Best Buy’s FY’24 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Retail giant Best Buy Co Inc (NYSE:BBY) will announce its second-quarter earnings report before the open Thursday, Aug. 29. The stock has a fairly strong post-earnings history over the last two years, finishing six of its last eight next-day sessions higher, including a 13.4% pop this past May. This time around, Wall Street expects earnings of $1.15 per share on revenue of $9.23 billion, which are both lower than the company's same quarter a year ago. In regard to the shares, the options pits are pricing in ...

felixmizioznikov/iStock Editorial via Getty Images Introduction It's been two years since my last article on electronics-focused retailer Best Buy Co., Inc. (NYSE:BBY). In late August 2022 and in a follow-up article in November 2022, when inflation was still increasing and the Federal Reserve was aggressively raising interest rates, I rated BBY stock a buy, primarily due to its great fiscal 2022 results, solid operating fundamentals, and strong balance sheet. The macroeconomic outlook is not exactly rosy to ...