secwatch.observer — SEC 8-K summary
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Issuer:     BEST BUY CO INC (BBY)
CIK:        0000764478
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0000764478-24-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Best Buy Q3 revenue down 2.9% to $9.45B; GAAP EPS $1.26 (+4%); cuts FY25 comp sales outlook to -2.5% to -3.5%
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- Enterprise revenue $9.45B, down 2.9% YoY; comparable sales declined 2.9%.
- GAAP diluted EPS $1.26, up 4% YoY; Non-GAAP diluted EPS $1.26, down 2%.
- Domestic segment revenue $8.70B, down 3.3%; online sales -1.0% comp.
- FY25 guidance: revenue $41.1-41.5B (prev $41.3-41.9B); comp sales -2.5% to -3.5% (prev -1.5% to -3.0%).
- Quarterly dividend $0.94/share declared, payable Jan 7, 2025 to holders of record Dec 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764478/000076447824000038/0000764478-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764478/000076447824000038/bby-20241126x8k.htm
  HTML page:      https://secwatch.observer/filing/0000764478-24-000038

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