Best Buy reports Q4 EPS $2.61, consensus $2.11

Reports Q4 revenue $14.74B, consensus $14.72B. Reports Q4 enterprise comparable sales down 9.3%. "Today we are reporting Q4 sales that were in line with our expectations and profitability that was better than expected," said Corie Barry, Best Buy CEO. "Throughout Q4 and FY23, we remained committed to balancing our near-term response to current conditions and managing well what is in our control, while also advancing our strategic initiatives and investing in areas important for our long-term performance."