Best Buy Announces Regular Quarterly Cash Dividend
May 22, 2015
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.23 per common share. The quarterly dividend is payable on July 2, 2015, to shareholders of record as of the close of business on June 11, 2015. The company had 353,229,891 shares of common stock issued and outstanding as of May 2, 2015. Best Buy Co., Inc. Investor Contact: Mollie O’Brien, 612-291-7735 firstname.lastname@example.org or Media Contact: Amy von Walter, 612-291-4490 email@example.com...
Best Buy Reports First Quarter Results
May 21, 2015
Non-GAAP Diluted EPS from Continuing Operations of $0.37 GAAP Diluted EPS from Continuing Operations of $0.10 Best Buy Co., Inc. (NYSE: BBY) today announced results for the first quarter (“Q1 FY16”) ended May 2, 2015 as compared to the first quarter (“Q1 FY15”) ended May 3, 2014 . During the quarter, as announced on March 28, 2015 , the company consolidated the Future Shop and Best Buy brands in Canada under the Best Buy brand. This consolidation is expected to have a material impact on all of the Canadian retail stores and the website on a year-over-year basis. As such, all Canadian revenue has been removed from the comparable sales base and International no longer has a comparable metric. Therefore, Enterprise comparable sales will be equal to Domestic comparable sales until International revenue is again comparable on a year-over-year basis. Q1 FY16 Q1 FY15 Enterprise Revenue ($ in millions) $ 8,558 $ 8,639 Domestic segment $ 7,890 $ 7,781 International segment $ 668 $ 858...