Best Buy (BBY) Tops Q2 EPS by $1.13, Updates Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Best Buy Reports Better-Than-Expected Second Quarter Results
August 24, 2021 7:00 AM EDTEnterprise Comparable Sales Increased 20%
GAAP Diluted EPS Increased 76% to $2.90
Non-GAAP Diluted EPS Increased 74% to $2.98
Excluding a $0.47 Benefit from a Lower Year-Over-Year Effective Tax Rate,
GAAP and Non-GAAP Diluted EPS Increased Approximately 47%
Raises Full-Year Enterprise Comparable Sales Growth Outlook to a Range of 9% to 11%
MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week second quarter ended July 31, 2021 (Q2 FY22), as compared to the 13-week second quarter ended August 1, 2020 (Q2 FY21).
Â
... More
