BBY Q4 2023 Earnings — Best Buy Co., Inc. Revenue & Financial Results | Market Cap Arena

BBYBest Buy Co., Inc.

$14B

Q4 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$14.7B-10.0% YoY

Gross Profit

$2.9B19.8% margin

Operating Income

$683M4.6% margin

Net Income

$495M3.4% margin

EPS (Diluted)

$2.23

QoQ Revenue Growth

+39.2%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$1.7B

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$15.8B

Total Liabilities

$13.0B

Stockholders' Equity

$2.8B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14.7B	$16.4B	-10.0%
Gross Profit	$2.9B	$3.3B	-11.9%
Operating Income	$683M	$814M	-16.1%
Net Income	$495M	$626M	-20.9%

Revenue Segments

Computing And Mobile Phones

$6.1B42%

Consumer Electronics

$4.8B33%

Appliances

$1.8B12%

Entertainment

$1.3B9%

Services

$660M4%

Other Segment

$58M0%

Geographic Segments

Domestic Segment

$13.5B92%

International Segment

$1.2B8%