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.

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Source Fool.com