The chart below shows how BBY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BBY sees a -4.03% change in stock price 10 days leading up to the earnings, and a +0.87% change 10 days following the report. On the earnings day itself, the stock moves by +4.56%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Revenue and Operating Income: Best Buy reported a revenue of $9.4 billion, delivering a non-GAAP operating income rate of 3.7%.
Gross Margin Expansion: The company achieved a year-over-year gross margin rate expansion of 60 basis points, largely due to improvements in membership and services offerings.
SG&A Spend Alignment: Our SG&A spend was in line with our expectations, contributing to a strong gross profit rate.
Sales Performance Exceeds Expectations: Comparable sales declined only 2.9% compared to our guidance of down approximately 1%, indicating better-than-expected performance.
Membership Program Success: Our paid membership program continued to drive positive contributions to our results as we grew the base of members.
Negative
Enterprise Revenue Decline: Enterprise revenue of $9.4 billion declined 2.9% on a comparable basis.
Operating Income Rate Decline: Our non-GAAP operating income rate of 3.7% declined 10 basis points compared to last year.
Earnings Per Share Decline: Non-GAAP diluted earnings per share decreased 2% to $1.26.
Sales Performance Decline: Our comparable sales were approximately flat to last year in August before declining roughly 4.5% in both September and October.
Domestic Revenue Decline: Our domestic segment revenue decreased 3.3% to $8.7 billion, driven by a comparable sales decline of 2.8%.
Best Buy Co., Inc. (BBY) Q3 2025 Earnings Call Transcript
BBY.N
-1.98%