best buy

Best Buy Co., Inc (BBY) (Q1FY23) – Equity Report

Highlights of the report

Best Buy plans to double the number of outlets in FY23 by opening 15 new stores and expanding assortments. The company recently announced additional expansion into the health and beauty category by launching new skincare technology products online and in stores. Best Buy Health grew strongly in new sign-ups for active ageing business, which offers health and safety solutions to enable adults to live and thrive at home, in Q1FY23.  

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Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. 

In Q1FY23, net revenues decreased 9% to $10.6bn, compared to $11.6bn in Q1FY22. Gross profit
decreased 14% to $2.35bn, compared to $2.72bn in Q1FY22. Gross profit rate impacted by Totaltech
membership offering and increased promotional activity and supply chain expenses

Over the last 3 months, BBY decline by 22.53%, against S&P 500 stock performance of -1.18%. Over the last
6 months, BBY decline by 26.73%, against S&P 500 stock performance of 12.33%.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Best Buy Co., Inc (BBY) (Q1FY23) – Equity Report

Price

$304.00

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