Best Buy Announces Regular Quarterly Cash Dividend
May 25, 2022
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.88 per common share. The quarterly dividend is payable on July 5, 2022, to shareholders of record as of the close of business on June 14, 2022. The company had 224,621,941 shares of common stock issued and outstanding as of April 30, 2022. View source version on businesswire.com: https://www.businesswire.com/news/home/20220524006056/en/ Investor Contact:
Mollie O’Brien
investorrelations@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 24, 2022
Comparable Sales Decreased 8.0% Compared to 37.2% Growth in Q1 FY22 GAAP Diluted EPS of $1.49 Non-GAAP Diluted EPS of $1.57 Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended April 30, 2022 (“Q1 FY23”), as compared to the 13-week first quarter ended May 1, 2021 (“Q1 FY22”). Q1 FY23 Q1 FY22 Revenue ($ in millions) Enterprise $ 10,647 $ 11,637 Domestic segment $ 9,894 $ 10,841 International segment $ 753 $ 796 Enterprise comparable sales % change 1 (8.0) % 37.2 % Domestic comparable sales % change 1 (8.5) % 37.9 % Domestic comparable online sales % change 1 (14.9) % 7.6 % International comparable sales % change 1 (1.4) % 27.8 % Operating Income...
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