Best Buy Announces Regular Quarterly Cash Dividend
February 28, 2019
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.50 per common share. The quarterly dividend is payable on April 10, 2019, to shareholders of record as of the close of business on March 20, 2019. The company had 265,702,588 shares of common stock issued and outstanding as of February 2, 2019. View source version on businesswire.com: https://www.businesswire.com/news/home/20190228005144/en/ 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 Source: Best Buy Co., Inc....
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Best Buy Reports Better-than-Expected Fourth Quarter Earnings
February 27, 2019
Enterprise Comparable Sales Increased 3.0% GAAP Diluted EPS Increased 119% to $2.69 Non-GAAP Diluted EPS Increased 12% to $2.72 Announces FY20 Non-GAAP Diluted EPS Guidance of $5.45 to $5.65 Increases Quarterly Dividend 11% to $0.50 per Share Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended February 2, 2019 (“Q4 FY19”), as compared to the 14-week fourth quarter ended February 3, 2018 (“Q4 FY18”). The company estimates the extra week in Q4 FY18 added approximately $760 million in revenue and approximately $0.20 in non-GAAP diluted EPS for the quarter and the year. The extra week was not included in comparable sales for the quarter or the year. Q4 FY19 Q4 FY18 FY19 FY18 (13 weeks) (14 weeks) (52 weeks) (53 weeks) Revenue ($ in millions) Enterprise $14,801 $15,363 $42,879 $42,151 Domestic segment $13,497 $13,987 $39,304 $38,662 International segment $1,304 $1,376 $3,575 $3,489 Enterprise comparable sales growth 1 3.0% 9.0% 4.8% 5.6% Domestic...
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