BBY Q2 2024 Earnings — Best Buy Co., Inc. Revenue & Financial Results | Market Cap Arena

BBYBest Buy Co., Inc.

$14B

Q2 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$9.6B-7.2% YoY

Gross Profit

$2.2B23.2% margin

Operating Income

$341M3.6% margin

Net Income

$274M2.9% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$512M

Free Cash Flow

$321M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$15.3B

Total Liabilities

$12.5B

Stockholders' Equity

$2.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.6B	$10.3B	-7.2%
Gross Profit	$2.2B	$2.3B	-2.0%
Operating Income	$341M	$405M	-15.8%
Net Income	$274M	$306M	-10.5%

Revenue Segments

Computing And Mobile Phones

$4.0B42%

Consumer Electronics

$2.9B30%

Appliances

$1.5B15%

Entertainment

$594M6%

Services

$588M6%

Other Segment

$90M1%

Geographic Segments

Domestic Segment

$8.9B93%

International Segment

$693M7%