Reports Q4 revenue $13.95B, consensus $13.7B. Reports Q4 comparable sales up 0.5%. “I am pleased to report better-than-expected sales for the fourth quarter driven by strong growth in computing as well as improved sales performance in other categories,” said Corie Barry, Best Buy (BBY) CEO. “We also delivered a better-than-expected adjusted operating income rate for the holiday quarter.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBY:
- Notable companies reporting before tomorrow’s open
- Options Volatility and Implied Earnings Moves This Week, March 03 – March 06, 2025
- Best Buy added to ‘Tactical Underperform’ list at Evercore ISI
- Is BBY a Buy, Before Earnings?
- Balanced Risk/Reward Scenario for Best Buy: Hold Rating Amid Limited Upside Potential and Dependency on Top-Line Growth