secwatch.observer — SEC 8-K summary
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Issuer:     BEST BUY CO INC (BBY)
CIK:        0000764478
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0000764478-22-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Best Buy Q4 EPS $2.62 GAAP; raises dividend 26% to $0.88; FY23 EPS outlook $8.85-$9.15
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764478/000076447822000004/0000764478-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764478/000076447822000004/bby-20220303x8k.htm
  HTML page:      https://secwatch.observer/filing/0000764478-22-000004

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