Best Buy Co. Inc.
BBY
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+ FollowMarket Cap$18.1B
Close$
Earnings Call Q2 2025
August 29, 2024 - AI Summary
**Strong Q2 Performance**: Best Buy reported better-than-expected results for Q2, with comparable sales declining only 2.3%, an improvement from the prior quarter's 6.1% decline. The non-GAAP operating income rate was 4.1%, exceeding the guidance of 3.5%, driven by lower-than-expected SG&A expenses. Non-GAAP diluted EPS grew by 10% YoY to $1.34.
**Revised Sales Guidance**: Despite the positive performance, Best Buy updated its annual sales guidance to a decline of 1.5% to 3%, acknowledging ongoing unpredictability in consumer behavior and potential election-related impacts in Q3.
**Opportunities in Key Categories**: Growth was observed in computing and service categories, which the company continues to expect will grow for the year. Best Buy is capitalizing on customer demand for replacement and upgrade products, particularly in laptops, aided by new offerings like Copilot+.
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$63.53
27.2% downside
Current Fair Value
27.2% downsideOvervalued by 27.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $18.10 Billion |
|---|---|
| Enterprise Value | $21.55 Billion |
| Dividend Yield | $3.82 (4.45%) |
| Earnings per Share | $5.06 |
| Beta | 1.32 |
| Outstanding Shares | 210,400,000 |
Return
| Return on Equity | 37.07% |
|---|---|
| Return on Assets | 7.68% |
| Return on Invested Capital | 22.08% |
Valuation & Multiples
| P/E Ratio | 15.88 |
|---|---|
| PEG | 43.34 |
| Price to Sales | 0.44 |
| Price to Book Ratio | 6.23 |
| Enterprise Value to Revenue | 0.51 |
| Enterprise Value to EBIT | 13.76 |
| Enterprise Value to Net Income | 18 |
| Total Debt to Enterprise | 0.24 |
| Debt to Equity | 1.69 |
Revenue Sources
No data
Insider Trades
Last Earnings Call
Report Date
June 4, 2026
EPS Estimate
$1.22
Average shareholder expectationRevenue Estimate
$8.82 B
Average shareholder expectationNext Earnings Call
Expected Date
August 27, 2026
EPS Estimate
$1.37
Average shareholder expectationRevenue Estimate
$9.56 B
Average shareholder expectationInstitutional Put/Call Ratio
Market sentiment based on institutional option activity.
| Put/Call Ratio | 0.5921▼ 17.33% |
|---|---|
| Total Calls | 6,143,100▲ 9.77% |
| Total Puts | 3,637,636▼ 15.07% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 96.16%▲ 2.06% |
|---|---|
| Total Invested | $15.37B▲ 20.87% |
| Investors Holding | 901▼ 7.00% |
ESG Score
No data
About Best Buy Co. Inc.
125,000 employees
CEO: Corie Barry Best Buy is a leading provider of technology products, services and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit ou...