Best Buy (BBY) PT, Estimates Lifted at Jefferies Post Q1
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Best Buy (BBY) Declares $0.23 Quarterly Dividend; 2.6% Yield
May 22, 2015 8:00 AM EDTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.
The dividend will be payable on July 2, 2015, to stockholders of record on June 11, 2015, with an ex-dividend date of June 9, 2015.
The annual yield on the dividend is 2.6... More
Best Buy (BBY) Tops Q1 EPS by 8c
May 21, 2015 7:00 AM EDTBest Buy (NYSE: BBY) reported Q1 EPS of $0.37, $0.08 better than the analyst estimate of $0.29. Revenue for the quarter came in at $8.56 billion versus the consensus estimate of $8.46 billion.
Comps, excluding installment billing, fell 0.7 percent.
Hubert Joly, Best Buy president and CEO, commented, Enterprise revenue of $8.6 billion, in addition to our non-GAAP operating income rate and non-GAAP diluted EPS, all exceeded our expectations during the quarter due to a stronger-than-expected performance in the Domestic business. Our non-GAAP operating income rate of 2.6% was flat to last year, including approximately 35 basis points of increased costs to... More
