Best Buy (BBY) Reports Mixed Q2 Earnings; Comps Up 4.2%; Reaffirms FY09 Outlook
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Price: $85.73 -3.9%
EPS Growth %: +5.5%
Financial Fact:
Basic (in dollars per share): 1.92
Today's EPS Names:
EDXC, BICX, FBPI, More
EPS Growth %: +5.5%
Financial Fact:
Basic (in dollars per share): 1.92
Today's EPS Names:
EDXC, BICX, FBPI, More
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Best Buy Co., Inc. (NYSE: BBY) reports Q2 EPS of $0.48, 9 cents lower than the analyst estimate of $0.57. Revenues for the quarter were $9.8 billion, versus the consensus of $9.67 billion.
Same store sales for the quarter were up 4.2%.
Best Buy reaffirms its previously issued FY09 EPS estimate of $3.25-$3.40, versus the consensus of $3.28, and sales of $47 billion, versus the consensus of $44.72 billion.
Best Buy Co., Inc., together with its subsidiaries, operates as a specialty retailer of consumer electronics, home office products, entertainment software, appliances, and related services primarily in the United States, Canada, and China.
Same store sales for the quarter were up 4.2%.
Best Buy reaffirms its previously issued FY09 EPS estimate of $3.25-$3.40, versus the consensus of $3.28, and sales of $47 billion, versus the consensus of $44.72 billion.
Best Buy Co., Inc., together with its subsidiaries, operates as a specialty retailer of consumer electronics, home office products, entertainment software, appliances, and related services primarily in the United States, Canada, and China.
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