earnings
confidence high
sentiment positive
materiality 0.80
Best Buy Q2 comparable sales -2.3% (improved from -6.2%); raises FY25 EPS outlook
BEST BUY CO INC
2025-Q2 EPS
reported $2.47
vs consensus $1.10
▲ beat
(+124.3%)
- Revenue $9.288B, down 3.1% YoY; GAAP EPS $1.34 (+7%), non-GAAP EPS $1.34 (+10%).
- Comparable sales decline of 2.3% improved from -6.2% last year; tablets/computing up 6%.
- FY25 guidance updated: revenue $41.3-$41.9B, comparable sales -3.0% to -1.5%, non-GAAP EPS raised to $6.10-$6.35.
- Q3 FY25 expected comparable sales -1.0%; non-GAAP operating income rate ~3.7%.
- Quarterly dividend of $0.94/share declared, payable Oct 10, record Sep 19; $301M returned to shareholders in Q2.