Best Buy (BBY) Tops Q3 EPS by 8c, Revenues Beat, Comp. Sales Up 4.3%; Boosts FY19 EPS Guidance, Offers FY19 Revenue Outlook

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Go back to Best Buy (BBY) Tops Q3 EPS by 8c, Revenues Beat, Comp. Sales Up 4.3%; Boosts FY19 EPS Guidance, Offers FY19 Revenue Outlook

Best Buy Reports Better-Than-Expected Third Quarter Results

November 20, 2018 7:00 AM EST

Enterprise Comparable Sales Increased 4.3%

GAAP Diluted EPS Increased 27% to $0.99

Non-GAAP Diluted EPS Increased 19% to $0.93

Closes acquisition of GreatCall

Raises FY19 Financial Guidance

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter ended November 3, 2018 (Q3 FY19), as compared to the third quarter ended October 28, 2017 (Q3 FY18).

Q3 FY19 Q3 FY18 Revenue ($ in millions): Enterprise $9,590 $9,320 Domestic segment $8,756 $8,491 International segment... More