Stock Analysis on Net

Best Buy Co. Inc. (NYSE:BBY)

This company has been moved to the archive! The financial data has not been updated since December 6, 2022.

Common-Size Income Statement 
Quarterly Data

Best Buy Co. Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Revenue 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -77.97 -77.86 -77.90 -79.76 -76.47 -76.28 -76.67 -79.08 -76.42 -77.09 -77.05 -78.71 -75.82 -76.06 -76.27 -77.82 -75.77 -76.23 -76.67 -77.73 -75.54 -75.92 -76.29 -77.53 -75.37 -75.83 -74.59
Gross profit 22.03% 22.14% 22.10% 20.24% 23.53% 23.72% 23.33% 20.92% 23.58% 22.91% 22.95% 21.29% 24.18% 23.94% 23.73% 22.18% 24.23% 23.77% 23.33% 22.27% 24.46% 24.08% 23.71% 22.47% 24.63% 24.17% 25.41%
Selling, general and administrative expenses -18.33 -18.22 -17.75 -15.31 -17.91 -16.96 -17.08 -13.98 -17.91 -17.17 -20.26 -14.92 -20.21 -20.16 -20.07 -15.58 -20.88 -20.01 -20.09 -16.53 -20.73 -20.47 -20.19 -15.87 -21.13 -20.78 -20.66
Restructuring charges -0.25 -0.33 -0.01 -0.03 0.01 -0.03 0.36 -0.84 -0.94 0.00 -0.01 0.00 0.07 -0.50 0.00 0.01 0.00 -0.18 -0.33 -0.07 0.02 -0.02 0.00 -0.07 -0.01 0.00 -0.34
Operating income 3.45% 3.59% 4.34% 4.91% 5.63% 6.73% 6.61% 6.10% 4.73% 5.73% 2.67% 6.36% 4.05% 3.28% 3.65% 6.61% 3.36% 3.57% 2.91% 5.68% 3.76% 3.59% 3.52% 6.53% 3.49% 3.39% 4.41%
Gain on sale of investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.13 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.02
Investment income (expense) and other 0.04 0.03 -0.05 0.02 0.01 0.03 0.03 0.11 0.04 0.08 0.07 0.09 0.09 0.10 0.15 0.09 0.11 0.14 0.12 0.12 0.13 0.08 0.13 0.07 0.09 0.09 0.07
Interest expense -0.09 -0.07 -0.06 -0.04 -0.06 -0.05 -0.05 -0.05 -0.09 -0.15 -0.20 -0.09 -0.16 -0.17 -0.20 -0.14 -0.16 -0.20 -0.21 -0.12 -0.21 -0.20 -0.22 -0.13 -0.18 -0.21 -0.24
Other income (expense) -0.06% -0.04% -0.10% -0.02% -0.05% -0.03% -0.03% 0.06% -0.05% -0.07% -0.13% 0.00% -0.06% -0.06% -0.04% -0.04% 0.08% -0.06% -0.09% 0.01% -0.09% -0.12% -0.09% -0.06% -0.09% -0.12% -0.14%
Earnings before income tax expense and equity in income (loss) of affiliates 3.39% 3.55% 4.24% 4.89% 5.58% 6.70% 6.58% 6.16% 4.68% 5.66% 2.55% 6.36% 3.98% 3.22% 3.61% 6.57% 3.44% 3.51% 2.82% 5.68% 3.67% 3.47% 3.42% 6.48% 3.40% 3.27% 4.26%
Income tax expense -0.79 -0.56 -1.03 -1.05 -1.39 -0.54 -1.48 -1.34 -1.38 -1.30 -0.69 -1.46 -0.98 -0.72 -0.71 -1.60 -0.55 -0.91 -0.54 -3.31 -1.12 -1.13 -1.22 -1.97 -1.25 -1.14 -1.59
Equity in income (loss) of affiliates 0.02 -0.03 0.00 -0.01 0.01 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net earnings from continuing operations 2.62% 2.96% 3.20% 3.83% 4.19% 6.19% 5.11% 4.82% 3.30% 4.36% 1.86% 4.90% 3.00% 2.50% 2.90% 4.97% 2.89% 2.60% 2.28% 2.37% 2.55% 2.34% 2.20% 4.50% 2.15% 2.13% 2.68%
Gain from discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.19 0.04
Net earnings 2.62% 2.96% 3.20% 3.83% 4.19% 6.19% 5.11% 4.82% 3.30% 4.36% 1.86% 4.90% 3.00% 2.50% 2.90% 4.97% 2.89% 2.60% 2.28% 2.37% 2.56% 2.34% 2.20% 4.50% 2.17% 2.32% 2.71%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Best Buy Co. Inc. operating income as a percentage of revenue decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Earnings before income tax expense and equity in income (loss) of affiliates Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Best Buy Co. Inc. earnings before income tax expense and equity in income (loss) of affiliates as a percentage of revenue decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Best Buy Co. Inc. net earnings as a percentage of revenue decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.