Best Buy Revenue Upbeat, Health Drags

Best Buy (NYSE:BBY), a leading consumer electronics retailer, reported its fourth-quarter results on March 4, 2025.The company outperformed analyst estimates with an adjusted earnings per share (EPS) of $2.58 against a forecast of $2.40. Revenue came in at $13.95 billion, surpassing the expected $13.68 billion. This positive performance was driven by strong holiday sales, particularly in the computing segment. Despite this, the quarter was marred by a $475 million goodwill impairment charge related to its health division, posing weaker long-term business prospects. Overall, Best Buy closed the quarter with solid sales, though facing ongoing sector-specific challenges.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool