Best Buy (BBY) Reports In-Line, Offers FY Guidance

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Best Buy Reports Fourth Quarter Results

March 3, 2022 7:00 AM EST

Q4 Comparable Sales Decreased 2.3% Compared to 12.6% Growth in Q4 FY21 Q4 GAAP Diluted EPS of $2.62 Q4 Non-GAAP Diluted EPS of $2.73 FY22 GAAP Operating Income Rate of 5.9% FY22 Non-GAAP Operating Income Rate of 6.0% Increased Quarterly Dividend 26% to $0.88 per Share Expects FY23 Non-GAAP Diluted EPS of $8.85 to $9.15 Expects FY25 Revenue of $53.5 billion to $56.5 billion Expects FY25 Non-GAAP Operating Income Rate of 6.3% to 6.8%

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results... More