Core Viewpoint - Wall Street analysts predict a decline in Best Buy's quarterly earnings and revenues, with earnings per share expected to be $2.39, reflecting a 12.1% year-over-year decrease, and revenues projected at $13.65 billion, down 6.8% from the previous year [1]. Revenue Estimates - Analysts estimate 'Revenue by Product Category- Domestic- Computing and Mobile Phones' at $5.34 billion, indicating a year-over-year decline of 5.2% [4]. - 'Revenue by Product Category- Domestic- Consumer Electronics' is expected to reach $3.85 billion, reflecting a 7.7% decrease year-over-year [4]. - 'Revenue by Product Category- Domestic- Appliances' is projected at $1.32 billion, showing a decline of 12.6% from the prior year [5]. - 'Revenue by Product Category- Domestic- Entertainment' is anticipated to be $1.18 billion, indicating an 11.2% decrease year-over-year [5]. - 'Geographic Revenue- Domestic' is expected to be $12.46 billion, reflecting a 7.1% decline from the previous year [5]. - 'Geographic Revenue- International' is projected at $1.18 billion, indicating a 4.7% decrease year-over-year [6]. Store Metrics - The estimated 'Number of stores - International - Total' is 160, unchanged from the same quarter last year [6]. - 'Number of stores - Domestic - Pacific Sales Stores' is expected to remain at 20, consistent with the previous year [7]. - 'Number of stores - International - Canada Best Buy Stores' is projected to be 129, slightly up from 128 in the same quarter last year [7]. - 'Number of stores - International - Canada Best Buy Mobile Stand-Alone Stores' is expected to be 31, down from 32 year-over-year [8]. - 'Number of stores - Domestic - U.S. Best Buy Stores' is forecasted to be 889, down from 901 in the same quarter last year [8]. - The total estimated 'Number of stores - Domestic - Total' is 957, down from 965 in the same quarter last year [9]. Stock Performance - Best Buy shares have returned +6.3% over the past month, contrasting with a -2.2% change in the Zacks S&P 500 composite [9].
Stay Ahead of the Game With Best Buy (BBY) Q4 Earnings: Wall Street's Insights on Key Metrics