Best Buy Announces Regular Quarterly Cash Dividend
May 25, 2018
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.45 per common share. The quarterly dividend is payable on July 5, 2018, to shareholders of record as of the close of business on June 14, 2018. The company had 280,778,399 shares of common stock issued and outstanding as of May 5, 2018. View source version on businesswire.com: https://www.businesswire.com/news/home/20180525005043/en/ Best Buy Co., Inc. Investor Contact: Mollie O’Brien, 612-291-7735 mollie.obrien@bestbuy.com or Media Contact: Jeff Shelman, 612-291-6114 jeffrey.shelman@bestbuy.com Source: Best Buy Co., Inc....
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Best Buy Reports Better-than-Expected First Quarter Results
May 24, 2018
Enterprise Comparable Sales Increased 7.1% GAAP Diluted EPS Increased 20% to $0.72 Non-GAAP Diluted EPS Increased 37% to $0.82 Best Buy Co., Inc. (NYSE: BBY) today announced results for the first quarter ended May 5, 2018 (“Q1 FY19”), as compared to the first quarter ended April 29, 2017 (“Q1 FY18”). The company reported Q1 FY19 GAAP diluted earnings per share of $0.72, an increase of 20% from $0.60 in Q1 FY18. Non-GAAP diluted earnings per share for Q1 FY19 were $0.82, an increase of 37% from $0.60 in Q1 FY18. Q1 FY19 Q1 FY18 Revenue ($ in millions): Enterprise $9,109 $8,528 Domestic segment $8,412 $7,912 International segment $697 $616 Enterprise comparable sales % change 1 7.1% 1.6% Domestic comparable sales % change 1 7.1% 1.4% Domestic comparable online sales % change 12.0% 22.5% International comparable sales % change 6.4% 4.0% Operating Income: GAAP operating income as a % of revenue 2.9% 3.5% Non-GAAP operating income as a % of revenue 3.3% 3.5% Diluted Earnings per Share...
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