Best Buy Announces Regular Quarterly Cash Dividend
May 24, 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 July 5, 2019, to shareholders of record as of the close of business on June 13, 2019. The company had 267,452,462 shares of common stock issued and outstanding as of May 4, 2019. View source version on businesswire.com: https://www.businesswire.com/news/home/20190524005027/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 First Quarter Earnings
May 23, 2019
Enterprise Comparable Sales Increased 1.1% GAAP Diluted EPS Increased 36% to $0.98 Non-GAAP Diluted EPS Increased 24% to $1.02 Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 4, 2019 (“Q1 FY20”), as compared to the 13-week first quarter ended May 5, 2018 (“Q1 FY19”). Q1 FY20 Q1 FY19 Revenue ($ in millions) Enterprise $ 9,142 $ 9,109 Domestic segment $ 8,481 $ 8,412 International segment $ 661 $ 697 Enterprise comparable sales % change 1 1.1 % 7.1 % Domestic comparable sales % change 1 1.3 % 7.1 % Domestic comparable online sales % change1 14.5 % 12.0 % International comparable sales % change 1 (1.2) % 6.4 % Operating Income GAAP operating income as a % of revenue 3.7 % 2.9 % Non-GAAP operating income as a % of revenue 3.8 % 3.3 %...
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