Compared to Estimates, Best Buy (BBY) Q1 Earnings: A Look at Key Metrics
For the quarter ended April 2025, Best Buy (BBY) reported revenue of $8.77 billion, down 0.9% over the same period last year. EPS came in at $1.15, compared to $1.20 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $8.77 billion, representing a surprise of +0.01%. The company delivered an EPS surprise of +5.50%, with the consensus EPS estimate being $1.09.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Best Buy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable store sales - Enterprise - YoY change: -0.7% versus the nine-analyst average estimate of -0.6%.
Comparable store sales - Domestic - YoY change: -0.7% versus the eight-analyst average estimate of -0.7%.
Comparable store sales - International - YoY change: -0.7% versus -0.4% estimated by seven analysts on average.
Number of stores - International - Total: 157 compared to the 160 average estimate based on five analysts.
Number of stores - Domestic - Pacific Sales Stores: 20 versus the four-analyst average estimate of 20.
Number of stores - International - Canada Best Buy Stores: 128 versus 129 estimated by four analysts on average.
Number of stores - International - Canada Best Buy Mobile Stand-Alone Stores: 29 compared to the 31 average estimate based on four analysts.
Number of stores - Domestic - U.S. Best Buy Stores: 886 versus the four-analyst average estimate of 888.
Number of stores - Domestic - Total: 951 compared to the 955 average estimate based on four analysts.
Number of stores - Total: 1,108 compared to the 1,114 average estimate based on four analysts.
Geographic Revenue- International: $640 million versus the six-analyst average estimate of $639.25 million. The reported number represents a year-over-year change of -0.6%.
Geographic Revenue- Domestic: $8.13 billion compared to the $8.11 billion average estimate based on six analysts. The reported number represents a change of -0.9% year over year.
View all Key Company Metrics for Best Buy here>>>Shares of Best Buy have returned +7.2% over the past month versus the Zacks S&P 500 composite's +6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNBC
32 minutes ago
- CNBC
CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade tensions, the Organisation for Economic Co-operation and Development slashed its U.S. and global growth forecast for this year and the next, citing "barriers to trade tighter financial conditions, weaker business and consumer confidence and heightened policy uncertainty." Investors, however, are still pushing up stocks, with Nvidia on Tuesday regaining the crown of most valuable public company. That said, CFRA Research's Sam Stovall thinks that the market is "going to just sort of bob and weave in the meantime until we start to get a clearer understanding, if we get one, of the outlook for earnings, GDP growth, etc." In other words, recent gains in markets aren't likely to be indicative of a longer-term trajectory. Where stocks go will depend on where the U.S. economy lands amid the developments surrounding tariffs. Markets in U.S. and Europe riseU.S. stocks climbed Tuesday, boosted by rises in chip stocks and more-than-expected job openings in April. The S&P 500 gained 0.58%, the Dow Jones Industrial Average advanced 0.51% and the Nasdaq Composite closed 0.81% higher. Europe's Stoxx 600 index edged up 0.09%, reversing losses from earlier in the day. Nvidia is king againNvidia shares added 2.8% Tuesday to close at $141.22, giving it a market capitalization of $3.45 trillion. That move puts the chipmaker ahead of Microsoft's $3.44 trillion cap, which means Nvidia is again the most valuable publicly traded company in the world. The stock has surged more than 23% over the past month as Nvidia's growth has persisted even through export control and tariff concerns. OECD slashes U.S. and global growth rate The Organisation for Economic Co-operation and Development drastically cut its growth forecast for the U.S. to 1.6% in 2025 from an earlier estimate of 2.2%, according to a Tuesday report. OECD also lowered global economic growth this year to 2.9% from 3.1%. "Substantial increases in barriers to trade" is one factor weighing down growth prospects, the report said. Inflation in the euro zone dips below 2%Euro zone inflation fell to 1.9% in May — below the European Central Bank's 2% target — on sharp declines in services, flash data from statistics agency Eurostat showed Tuesday. Economists polled by Reuters had expected the May reading to come in at 2%, compared to the previous month's 2.2% figure. Core inflation, which excludes energy, food, tobacco and alcohol prices, also eased, falling to 2.3% in May from 2.7% in April. Trump's bill is a 'disgusting abomination': MuskElon Musk in a Tuesday post on X described U.S. President Donald Trump's "big, beautiful bill" as a "disgusting abomination" and subsequently wrote that the bill "will massively increase the already gigantic budget deficit to $2.5 trillion (!!!)" Trump is still pressuring U.S. lawmakers to pass the bill, blasting Rand Paul after he said on CNBC's "Squawk Box" that he is "just not open" to supporting a $5 trillion increase in the debt ceiling. [PRO] Watch out for new stocks in S&PSeveral financial services stocks could be rotated into the S&P 500, according to Bank of America. Stocks added to the index often rise in value because funds that track the benchmark will add it to their portfolios, so investors should pay attention to the moves, which will be announced by the end of the week. Tesla's planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown Tesla's long-awaited entry into the robotaxi market — expected later this month — will begin in Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a post on X last week that the company has been testing Model Y vehicles with no safety drivers on board in the Texas capital for several days. But while the market remains nascent, Tesla already faces a hefty amount of competition. Alphabet's Waymo, Amazon's Zoox, Volkswagen subsidiary ADMT and startup Avride are already present in Austin. "The winners of the space are emerging, and it's just a matter of scaling," said Toby Snuggs, head of sales and partnerships at Avride.
Yahoo
an hour ago
- Yahoo
20 stocks primed for rapid growth while trading at half of Nvidia's valuation
When selecting investments, it is easy to get hung up on a particular metric, such as a dividend yield or a price ratio, but investors need to look deeper or they might miss opportunities. Inc. AMZN provides an example: Its stock has typically traded at a high price-to-earnings ratio. Investors tend to look at a stock's forward P/E ratio, which is the price divided by analysts' consensus estimate for earnings per share over the following 12 months. Over the past 10 years, Amazon's stock has traded at an average forward P/E of 79.5, while the S&P 500 SPX has traded at an average forward P/E of 18.7, according to FactSet. But Amazon's stock was up 855% for 10 years through Friday, while the S&P 500 returned 235% with dividends reinvested. My daughter's boyfriend, a guest in my home, offered to powerwash part of my house — then demanded money What on Earth is going on with the American consumer? My father-in-law has dementia and is moving in with us. Can we invoice him for a caregiver? 'The situation is extreme': I'm 65 and leaving my estate to only one grandchild. Can the others contest my will? 20 stocks primed for rapid growth while trading at half of Nvidia's valuation It turns out that for Amazon's management team, bottom-line earnings traditionally weren't a focus. The emphasis was on reinvesting most of the cash being generated to expand the business in multiple directions. So the Amazon story was about revenue growth, rather than EPS growth. And that brings us to Nvidia Corp. NVDA. Last week Laila Maidan looked into Nvidia's relatively high forward P/E and explained why the stock might still be considered a bargain for long-term investors, based on analysts' expectations for the company's revenue growth. Nvidia's stock traded at a forward P/E of 28.1 at Friday's close, while the S&P 500 traded at a weighted forward P/E of 21.4. It is not a surprise to see Nvidia trading at a P/E valuation that is 31% higher than that of the index. But based on consensus estimates among analysts polled by FactSet, Nvidia is expected to increase its sales per share at a compound annual growth rate of 41.7% through 2026, versus an expected sales-per-share CAGR of 5.5% for the S&P 500. All such estimates in this article are adjusted by FactSet to match calendar years; about 20% of companies in the S&P 500 have fiscal reporting periods that don't match the calendar. For Nvidia, investors pay a premium for the higher expected growth rate. And that sets the stage for a stock screen. Which companies trading at low P/E multiples are also expected to increase revenue quickly? For this screen we are looking at revenue growth projections — specifically sales per share. We are using the per-share numbers because they reflect expected dilution to a company's share count if it issues new shares to help fund an acquisition. Merging with a competitor will obviously make revenue increase. But if the share count rises significantly, sales per share will be lower. The per-share numbers help investors to understand whether or not a company might have overpaid for an acquisition. Starting with the S&P 500, we narrowed the list to companies trading at forward P/E ratios of 14 or less — half Nvidia's valuation. Actually, we rounded down, so the list was confined to stocks trading at a forward P/E of less than 14.5. Then we sorted the list by expected sales-per-share CAGR from calendar 2024 through 2026, based on consensus estimates among analysts polled by FactSet. Here are the 20 stocks in the S&P 500 with the highest expected sales-per-share CAGR through 2025 among those trading at a P/E of less than 14.5: Company Ticker Industry Forward P/E Expected sales-per-share CAGR from 2024 through 2026 Expand Energy Corp. EXE Integrated Oil 12.0 39.6% Super Micro Computer Inc. SMCI Computer Processing Hardware 14.1 31.9% EQT Corp. EQT Integrated Oil 13.6 26.0% Micron Technology Inc. MU Semiconductors 9.4 23.2% Coterra Energy Inc. CTRA Integrated Oil 8.3 21.2% First Solar Inc. FSLR Solar Power Equipment 8.7 20.5% Norwegian Cruise Line Holdings Ltd. NCLH Hotels/ Resorts/ Cruiselines 7.9 15.9% Incyte Corp. INCY Pharmaceuticals 10.7 15.5% Seagate Technology Holdings PLC STX Computer Peripherals 12.4 15.0% Gen Digital Inc. GEN Software 11.1 13.0% DaVita Inc. DVA Medical/ Nursing Services 11.6 12.0% Oneok Inc. OKE Oil & Gas Pipelines 14.2 11.8% Molina Healthcare Inc. MOH Managed Healthcare 11.7 11.8% Aptiv PLC APTV Electrical Products 9.0 10.9% UnitedHealth Group Inc. UNH Managed Healthcare 12.5 10.7% Elevance Health Inc. ELV Managed Healthcare 10.5 10.4% Dell Technologies Inc. Class C DELL Computer Processing Hardware 11.4 10.2% American International Group Inc. AIG Multi-Line Insurance 12.2 10.2% HCA Healthcare Inc. HCA Hospital/ Nursing Management 14.4 9.9% Ball Corp. BALL Containers/ Packaging 14.3 9.7% Source: FactSet You may need to scroll the table to see all of the data. It is a varied list. Super Micro Computer SMCI ranks second, with a 31.9% CAGR expected for sales per share through 2026. The stock soared last month after President Donald Trump announced investment agreements with Saudi Arabia to build data centers in the U.S., which lifted suppliers of related equipment. Read: Super Micro's stock keeps surging. Here's what might come next. It might surprise you to see UnitedHealth Group UNH on the list, in light of the company's numerous difficulties. These have included higher-than-expected costs in its Medicare Advantage business, reports of a government investigation into possible healthcare fraud and the departure of Chief Executive Andrew Witty. But with the stock having tumbled 40% this year through Friday, with dividends reinvested, analysts working for brokerage and research firms believe the worst is over, with 21 out of 29 analysts polled by FactSet rating UnitedHealth a buy or the equivalent. Only three of the analysts rate the stock a sell or the equivalent. Leaving the companies passing the screen in the same order, here is a summary of analysts' opinions about the stocks: Company Ticker Share buy ratings Share neutral ratings Share sell ratings May 30 price Consensus price target Implied 12-month upside potential Expand Energy Corp. EXE 90% 10% 0% $116.13 $128.45 11% Super Micro Computer Inc. SMCI 47% 41% 12% $40.02 $40.69 2% EQT Corp. EQT 72% 24% 4% $55.13 $60.63 10% Micron Technology Inc. MU 85% 12% 3% $94.46 $123.95 31% Coterra Energy Inc. CTRA 83% 17% 0% $24.31 $33.41 37% First Solar Inc. FSLR 78% 20% 2% $158.08 $202.43 28% Norwegian Cruise Line Holdings Ltd. NCLH 72% 28% 0% $17.65 $23.65 34% Incyte Corp. INCY 45% 52% 3% $65.06 $73.95 14% Seagate Technology Holdings PLC STX 59% 36% 5% $117.94 $119.88 2% Gen Digital Inc. GEN 45% 55% 0% $28.48 $31.83 12% DaVita Inc. DVA 9% 83% 8% $136.26 $167.14 23% ONEOK Inc. OKE 67% 33% 0% $80.84 $106.75 32% Molina Healthcare Inc. MOH 42% 47% 11% $305.04 $356.93 17% Aptiv PLC APTV 68% 23% 9% $66.81 $75.76 13% UnitedHealth Group Inc. UNH 73% 17% 10% $301.91 $376.05 25% Elevance Health Inc. ELV 75% 25% 0% $383.84 $491.94 28% Dell Technologies Inc. Class C DELL 81% 19% 0% $111.27 $136.52 23% American International Group Inc. AIG 55% 45% 0% $84.64 $90.88 7% HCA Healthcare Inc. HCA 59% 34% 7% $381.39 $387.95 2% Ball Corp. BALL 61% 33% 6% $53.58 $61.23 14% Source: FactSet Any stock screen has its limits and should only be used as a tool as part of your own research if you are selecting individual companies for investment. Click on the tickers for more about each company. Read: Tomi Kilgore's detailed guide to the information available on the MarketWatch quote page 'You never know what might happen': How do I make sure my son-in-law doesn't get his hands on my daughter's inheritance? Strategists forecast a sizzling summer for small-cap stocks 'I am getting very frustrated': My mother's adviser has not returned my calls. He manages $1 million. Is this normal? My life partner is 18 years my senior. He wants to leave his $4.5 million fortune to me — not his two kids. Do we tell them? 'I'm afraid to ask her': My stepmother won't show me my father's will. What now?
Yahoo
an hour ago
- Yahoo
Wall Street stocks end higher on Nvidia, trade talks hopes
STORY: U.S. stock indexes closed higher on Tuesday, with the Dow and S&P 500 each gaining roughly half a percent and the Nasdaq climbing eight-tenths of a percent. Tuesday brought more mixed economic data, including a report from the Labor Department that showed job openings increased in April while layoffs also picked up. Ross Mayfield is investment strategist at Baird. "The big one for investors is going to be a pretty solid JOLTS (Job Openings and Labor Turnover Survey) jobs report. There's a lot of anxiety about where the labor market stands today. We get some good data, some data that shows some cracks, and ultimately, if you're going to build the bull case for the economy, you have to bring the labor market and the consumer along. So I think getting that pop in job openings and seeing a little bit of resilience from the labor market is helping things today. And then you have continued momentum from big tech and AI-adjacent names, so that obviously is helping, given the concentration there." That tech momentum was courtesy of chipmakers Nvidia and Broadcom, which each rose roughly 3%. Broadcom hit a fresh record high after the company said it has begun to ship its latest networking chip that aims to speed AI. Other movers included Dollar General, which surged nearly 16% as the discount retailer raised its annual sales forecast after surpassing quarterly sales expectations. And Crowdstrike, up 2% at the close, shed more than 6% in extended trading, after the cybersecurity firm forecast second-quarter revenue below Wall Street estimates. Meanwhile, the White House said President Donald Trump and Chinese leader Xi Jinping are set to speak this week after Trump accused China of violating an agreement to roll back tariffs. The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiating partners seen by Reuters.