Best Buy — Mar 4, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000764478-25-000003
Showing in the filing
Adjusted diluted EPS
“$6.20 to $6.60”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Adjusted diluted EPS for FY2026
“$6.20 to $6.60”
Comparable sales guide for FY2026
“flat to 2% growth”
FY26 adjusted operating income rate for Q1 FY2026
“approximately 3.4%”
Revenue for FY2026
“$41.4 billion to $42.2 billion”
Comparable sales for FY2026
“0.0% to 2.0%”
Enterprise adjusted operating income rate for FY2026
“4.2% to 4.4%”
Adjusted effective income tax rate for FY2026
“approximately 25.0%”
Capital expenditures for FY2026
“$700 million to $750 million”
Share repurchases for FY2026
“approximately $300 million”
Regular quarterly dividend
“$0.95 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
d 0.5%
GAAP Diluted EPS of $0.54 Included a Goodwill Impairment of ($2.02)
Adjusted* Diluted EPS of $2.58
Increasing Quarterly Dividend 1% to $0.95 per Share
Expects FY26 Adjusted* Diluted EPS of $6.20 to $6.60
MINNEAPOLIS, March 4, 2025 -- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended February 1, 2025 (“Q4 FY25”), as compared to the 14-week fourth quarter ended February 3, 2024 (“Q4 FY24”).
FY25 had 52 weeks compared to 53 weeks in FY24. The company estimates the impact of the extra week in Q4 FY24 added approximately $735 million in revenue, approximately 15 basis points of adjusted 1 operating income rate and approximately $0.30 of adjusted 1 diluted EPS to the full-year results. Comparable sales for the 14-week Q4 FY24 and 53-week FY24 exclude the impact of the extra week.
Q4 FY25
Q4 FY24
FY25
FY24
(13 weeks)
(14 weeks)
(52 weeks)
(53 weeks)
Revenue ($ in millions)
Enterprise
$
13,948
$
14,646
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.