earnings
confidence high
sentiment neutral
materiality 0.80
Best Buy Q4 EPS $2.62 GAAP; raises dividend 26% to $0.88; FY23 EPS outlook $8.85-$9.15
BEST BUY CO INC
2022-FY EPS reported
$9.84
revenue$51,761,000,000
- Q4 revenue $16.365B (-2.3% comparable sales); GAAP EPS $2.62 vs $3.10 YoY; non-GAAP EPS $2.73 vs $3.48.
- FY22 full-year revenue $51.76B, +10.4% comparable sales; GAAP EPS $9.84, non-GAAP EPS $10.01.
- Quarterly dividend raised 26% to $0.88/share, payable Apr 14 to holders of record Mar 24.
- Board authorized new $5.0B share repurchase program, replacing $1.6B remaining.
- FY23 guidance: revenue $49.3-$50.8B, comparable sales decline 1-4%, non-GAAP EPS $8.85-$9.15.