BBY Q2 2023 Earnings — Best Buy Co., Inc. Revenue & Financial Results | Market Cap Arena

BBYBest Buy Co., Inc.

$14B

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$10.3B-12.8% YoY

Gross Profit

$2.3B21.9% margin

Operating Income

$405M3.9% margin

Net Income

$306M3.0% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

$675M

Free Cash Flow

$449M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$15.4B

Total Liabilities

$12.5B

Stockholders' Equity

$2.9B

Cash & Equivalents

$840M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.3B	$11.8B	-12.8%
Gross Profit	$2.3B	$2.8B	-19.4%
Operating Income	$405M	$801M	-49.4%
Net Income	$306M	$734M	-58.3%

Revenue Segments

Computing And Mobile Phones

$4.3B42%

Consumer Electronics

$3.1B30%

Appliances

$1.8B17%

Entertainment

$559M5%

Services

$553M5%

Other Segment

$97M1%

Geographic Segments

Domestic Segment

$9.6B93%

International Segment

$760M7%