Best Buy Announces Regular Quarterly Cash Dividend
May 26, 2017
MINNEAPOLIS - May 26, 2017 - The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.34 per common share. The quarterly dividend is payable on July 6, 2017 , to shareholders of record as of the close of business on June 15, 2017 . The company had 306,618,092 shares of common stock issued and outstanding as of April 29 , 2017 . Investor Contact: Mollie O’Brien (612) 291-7735 or mollie.obrien@bestbuy.com Media Contact:
Jeff Shelman
(612) 291-6114 or jeffrey.shelman@bestbuy.com...
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Best Buy Reports Better-than-Expected First Quarter Revenue and Profit
May 25, 2017
Enterprise Comparable Sales Increased 1.6% Diluted EPS of $0.60 Best Buy Co., Inc. (NYSE: BBY) today announced results for the first quarter ended April 29, 2017 (“Q1 FY18”), as compared to the first quarter ended April 30, 2016 (“Q1 FY17”). The company reported GAAP diluted earnings per share from continuing operations of $0.60 , a decrease of 13% from $0.69 in Q1 FY17, entirely driven by the large CRT settlement proceeds received last year which did not recur in Q1 FY18. Non-GAAP diluted earnings per share from continuing operations were $0.60 , an increase of 40% from $0.43 in Q1 FY17. Q1 FY18 Q1 FY171 Revenue ($ in millions)2 Enterprise $8,528 $8,443 Domestic segment $7,912 $7,829 International segment $616 $614 Enterprise comparable sales % change 1.6% ...
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