secwatch.observer — SEC 8-K summary
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Issuer:     BEST BUY CO INC (BBY)
CIK:        0000764478
Form:       8-K
Filed at:   2021-08-24T23:59:59+00:00
Accession:  0000764478-21-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Best Buy Q2 EPS beats; raises FY22 comparable sales outlook to 9-11%
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- GAAP diluted EPS $2.90 vs $1.65 last year, up 76%; Non-GAAP $2.98 vs $1.71.
- Enterprise revenue $11.85B up 20% YoY; comparable sales +19.6%.
- Raised FY22 comp sales growth outlook to 9-11% from prior 3-6%; revenue $51-52B.
- Domestic online revenue down 28.1% to 31.7% of revenue vs 53.1% last year.
- Q2 dividend $0.70/share payable Oct 5, record Sep 14; $571M returned to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764478/000076447821000055/0000764478-21-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764478/000076447821000055/bby-20210824x8k.htm
  HTML page:      https://secwatch.observer/filing/0000764478-21-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer