A foreboding cacophony of economic forecasts and financial news is making investors jittery . In uncertain times, socking away cash may feel more prudent to retail value investors than investing; we are not sharks thrilled when thereI write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 ...

Why did Best Buy's stock take a nosedive today, despite a respectable earnings report?Shares of Best Buy (BBY -12.28%) plunged on Tuesday, following a robust earnings report with a side of worrisome management comments. The stock price dropped by as much as 15.9% in the morning session, recovering to a 13.2% loss by 1 p.m. ET.The numbers are better than they lookIn the fourth quarter of fiscal year 2025, Best Buy's sales fell 4.8% year over year to $13.9 billion. To be fair, this reporting period was a stan ...

Best Buy Co., Inc. (BBY) has reported fourth-quarter fiscal 2025 results, wherein revenues and earnings surpassed the Zacks Consensus Estimate. However, both top and bottom lines declined year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Best Buy remains focused on strengthening its position in retail as the leading omni-channel destination for technology and expanding its operating income rate. At the same time, the company is building and scaling incremental profit st ...

Best Buy said Tuesday (March 4) that the U.S. tariffs on China that went into effect Feb. 4 could have a negative impact of about one point of comparable sales if they remain in place for a full year.This is the consumer electronics retailer’s estimate based on the information it has now, but the company did not include the impact of recently added or potential tariffs in its guidance for its fiscal year 2026, which was released Tuesday, because the situation is “highly dynamic,” Best Buy CEO Corie Barry sa ...

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Financial Data and Key Metrics Changes - The company reported revenue of almost $14 billion for Q4, with an adjusted operating income rate of 4.9% and adjusted earnings per share of $2.58, indicating better-than-expected sales and earnings [10][60] - Comparable sales growth was positive at 0.5%, despite a 2.3% decline on a 52-week basis, demonstrating the company's ability to maintain profitability in a challenging sales environment [11][62] - The adjusted diluted earnings per share decreased by 5% compared to the previous year [62] Business Line Data and Key Metrics Changes - Domestic comparable sales increased by 0.2%, while revenue decreased by 5.2% to $12.7 billion, primarily due to the impact of the extra week in the previous fiscal year [63] - International comparable sales increased by 3.8%, with revenue slightly decreasing by 0.2% to $1.2 billion, affected by foreign currency impacts [64] - Strong sales growth was observed in computing and tablets, with a 9% increase in combined sales for these categories, while appliances, home theater, and gaming saw declines [14][15] Market Data and Key Metrics Changes - Digital sales accounted for almost 40% of total domestic sales, showing a slight increase from the previous year, with significant growth in app traffic [13] - The company experienced a 10% growth in laptop sales compared to 7% growth in Q3, indicating a positive trend in the computing category [15] Company Strategy and Development Direction - The company aims to strengthen its position as a leading omnichannel destination for technology, focusing on improving customer experiences and expanding new profit streams such as Best Buy Marketplace and Best Buy Ads [19][40] - Fiscal '26 priorities include enhancing omnichannel experiences, launching new profit streams, and driving operational efficiency [19][50] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about consumer resilience despite high inflation, anticipating a flat to slightly up U.S. consumer electronics industry in fiscal '26 [22] - The company expects comparable sales growth in the range of flat to 2%, with growth weighted more in the second half of the year due to product launches [23] Other Important Information - The company recorded a goodwill impairment charge of $475 million related to Best Buy Health, which is excluded from adjusted earnings [66] - Capital expenditures for fiscal '25 were $706 million, down from $795 million in fiscal '24, reflecting a reduction in store-related investments [67] Q&A Session Summary Question: Impact of tariffs on pricing and sales - Management indicated that the 10% tariff from China could result in a negative impact of approximately 1 point on comparable sales, with potential price increases necessary to offset higher costs [77][80] - The company emphasized the uncertainty surrounding the tariff situation and its potential impact on consumer behavior and pricing strategies [81][85] Question: Flexibility in supply chain regarding tariffs - Management highlighted their experienced team and ongoing communication with vendors to navigate the tariff environment, noting that they had already diversified their sourcing [96][98] Question: Comparison of company performance to industry growth - Management acknowledged the difficulty in obtaining precise share information but indicated that they believe they performed well relative to the industry [132]

Best Buy surpassed earnings expectations for its fourth quarter, but faced challenges in its health division.Best Buy (BBY -3.53%), a leading consumer electronics retailer, reported its fourth-quarter results on March 4, 2025.The company outperformed analyst estimates with an adjusted earnings per share (EPS) of $2.58 against a forecast of $2.40. Revenue came in at $13.95 billion, surpassing the expected $13.68 billion. This positive performance was driven by strong holiday sales, particularly in the comput ...

A man walks by the front of a Best Buy store at American Dream Mall on November 29, 2024 in East Rutherford City.Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump's tariffs on China and Mexico go into effect.On Best Buy's earnings call, Barry said China and Mexico are the company's top two supply-chain sources."Trade is critically important to our business and industry, th ...

Best Buy Co. Inc.’s stock erased early gains to trade down 2.8% premarket Tuesday, after the electronics retailer blew past estimates for the fourth quarter and raised its quarterly dividend by 1%, but flagged continued pressure on consumers will hurt sales.Best Buy is expecting fiscal 2026 to show consumer behavior largely similar to that seen in fiscal 2025, namely with its customers remaining resilient but still dealing with high inflation “that is driving expenses up across their lives,” Chief Financial ...

GAAP Diluted EPS of $0.54 Included a Goodwill Impairment of ($2.02) Adjusted* Diluted EPS of $2.58 Exhibit 99 Best Buy Reports Fourth Quarter Results Comparable Sales Increased 0.5% Increasing Quarterly Dividend 1% to $0.95 per Share Expects FY26 Adjusted* Diluted EPS of $6.20 to $6.60 MINNEAPOLIS, March 4, 2025 -- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended February 1, 2025 ("Q4 FY25"), as compared to the 14-week fourth quarter ended February 3, 2024 ("Q4 FY2 ...