BBY Q3 2024 Earnings — Best Buy Co., Inc. Revenue & Financial Results | Market Cap Arena

BBYBest Buy Co., Inc.

$14B

Q3 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$9.8B-7.8% YoY

Gross Profit

$2.2B22.9% margin

Operating Income

$354M3.6% margin

Net Income

$263M2.7% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$109M

Free Cash Flow

-$108M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$16.9B

Total Liabilities

$14.1B

Stockholders' Equity

$2.8B

Cash & Equivalents

$636M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.8B	$10.6B	-7.8%
Gross Profit	$2.2B	$2.3B	-3.4%
Operating Income	$354M	$391M	-9.5%
Net Income	$263M	$277M	-5.1%

Revenue Segments

Computing And Mobile Phones

$4.3B44%

Consumer Electronics

$2.8B29%

Appliances

$1.3B13%

Entertainment

$648M7%

Services

$608M6%

Other Segment

$83M1%

Geographic Segments

Domestic Segment

$9.0B92%

International Segment

$760M8%