Best Buy (BBY) Tops Q1 EPS by 39c, Offers FY19 Guidance, Raises Dividend 32%

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Best Buy Reports Better-than-Expected Fourth Quarter Results

March 1, 2018 7:00 AM EST

Enterprise Comparable Sales Increased 9.0%

GAAP Diluted EPS of $1.23

Non-GAAP Diluted EPS of $2.42

Announces FY19 Non-GAAP Diluted EPS Guidance of $4.80 to $5.00

Increases Quarterly Dividend 32% to $0.45 per Share

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 14-week fourth quarter (Q4 FY18) and 53-week year ended February 3, 2018 (FY18), as compared to the 13-week fourth quarter (Q4 FY17) and 52-week year ended January 28, 2017 (FY17). The company reported Q4 FY18 GAAP diluted earnings... More