BBY Q3 2023 Earnings — Best Buy Co., Inc. Revenue & Financial Results | Market Cap Arena

BBYBest Buy Co., Inc.

$14B

Q3 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$10.6B-11.1% YoY

Gross Profit

$2.3B21.8% margin

Operating Income

$391M3.7% margin

Net Income

$277M2.6% margin

EPS (Diluted)

$1.22

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$601M

Free Cash Flow

$346M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$17.0B

Total Liabilities

$14.0B

Stockholders' Equity

$3.0B

Cash & Equivalents

$932M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.6B	$11.9B	-11.1%
Gross Profit	$2.3B	$2.8B	-17.5%
Operating Income	$391M	$669M	-41.6%
Net Income	$277M	$499M	-44.5%

Revenue Segments

Computing And Mobile Phones

$4.7B45%

Consumer Electronics

$3.1B29%

Appliances

$1.5B15%

Services

$576M5%

Entertainment

$546M5%

Other Segment

$87M1%

Geographic Segments

Domestic Segment

$9.8B93%

International Segment

$787M7%