Best Buy Announces Regular Quarterly Cash Dividend
May 22, 2020
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.55 per common share. The quarterly dividend is payable on July 2, 2020, to shareholders of record as of the close of business on June 11, 2020. The company had 257,608,566 shares of common stock issued and outstanding as of May 2, 2020. View source version on businesswire.com: https://www.businesswire.com/news/home/20200522005031/en/ Investor Contact:
Mollie O’Brien
mollie.obrien@bestbuy.com Media Contact:
Carly Charlson
press@bestbuy.com Source: Best Buy Co., Inc....
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Best Buy Reports First Quarter Results
May 21, 2020
Enterprise Revenue Decreased 6.3% Domestic Comparable Online Sales Increased 155.4% GAAP Diluted EPS of $0.61 Non-GAAP Diluted EPS of $0.67 Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 2, 2020 (“Q1 FY21”), as compared to the 13-week first quarter ended May 4, 2019 (“Q1 FY20”). Q1 FY21 Q1 FY20 Revenue ($ in millions) Enterprise $ 8,562 $ 9,142 Domestic segment $ 7,915 $ 8,481 International segment $ 647 $ 661 Enterprise comparable sales % change 1 (5.3) % 1.1 % Domestic comparable sales % change 1 (5.7) % 1.3 % Domestic comparable online sales % change 1 155.4 % 14.5 % International comparable sales % change 1 0.2 % (1.2) % Operating Income...
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