百思买公司(纽约证券交易所代码:BBY)股价周二盘前交易走低。 公司报告第四季度销售额同比下降4.8%至139.48亿美元,但超出分析师普遍预期的137.02亿美元。 国内收入同比下降5.2%,国际收入同比下降0.2%。企业可比销售额增加0.5%。 毛利润同比下降2.8%至29亿美元,毛利率增长40个基点至20.9%。营业利润率收缩220个基点至1.6%。季度营业收入下降61.3%至2.17亿美元。 非GAAP每股收益(EPS)为2.58美元,超过分析师共识的2.40美元。 截至2月1日,百思买持有15.7亿美元的现金和等价物。过去十二个月的经营现金流总额为21亿美元。 在2025财年第四季度,百思买通过支付2亿美元股息和回购2.15亿美元股票,共向股东返还了4.15亿美元。 百思买董事会批准将定期季度股息提高1%至每股0.95美元。定期季度股息将于4月15日支付给截至3月25日营业结束时的记录在册股东。 百思买首席执行官科里·巴里表示:“我很高兴地报告,在计算机强劲增长以及其他类别销售表现改善的推动下,第四季度销售额好于预期。” 展望未来:百思买预计2026财年调整后的每股收益在6.20美元至6.60美元之间,而预期为6.55美元。百思买预计2026财年收入在414亿美元至422亿美元之间,而预期为418.2亿美元。公司预计可比销售额将达到0.0%到2.0%,资本支出将达到7亿美元至7.5亿美元。 公司2026财年的指导意见未包括最近实施或拟议的关税影响。公司预计将在2026财年花费约3亿美元用于股票回购。 百思买首席财务官马特·比卢纳斯表示:“进入2026财年后,我们认为消费者行为在很大程度上与去年相似——仍然具有韧性,但仍在应对高通胀推动各项开支上涨,使他们更加注重价值并慎重考虑大额采购。这导致我们提供的可比销售增长指导在0%到2%之间,增长将更多地集中在下半年,基于产品发布和计划的时间安排。” 在2026财年第一季度,公司预计可比销售额同比略有下降,调整后的营业收入率将约为3.4%。 股价走势:截至周二最后一次检查,百思买股价在盘前交易中下跌5.52%,至81.95美元。
以上内容来自Benzinga Earnings专栏,原文如下:
Best Buy Co Inc (NYSE:BBY) shares are trading lower in premarket on Tuesday.
The company reported a fourth-quarter sales decline of 4.8% year-on-year to $13.948 billion, beating the analyst consensus estimate of $13.702 billion.
Domestic revenue decreased 5.2% Y/Y and International revenue decreased 0.2%. Enterprise comparable sales increased 0.5%.
Gross profit fell 2.8% Y/Y to $2.9 billion, with the margin expanding 40 basis points to 20.9%. Operating margin contracted 220 basis points to 1.6%. Operating income for the quarter fell 61.3% to $217 million.
Non-GAAP EPS of $2.58 beat the analyst consensus of $2.40.
Best Buy held $1.57 billion in cash and equivalents as of February 1. Operating cash flow for the twelve months totaled $2.1 billion.
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In the fourth quarter of FY25, the company returned a total of $415 million to shareholders through dividends of $200 million and share repurchases of $215 million.
The company’s board of directors approved a 1% increase in the regular quarterly dividend to $0.95 per share. The regular quarterly dividend will be payable on April 15 to shareholders of record as of the close of business on March 25.
“I am pleased to report better-than-expected sales for the fourth quarter driven by strong growth in computing as well as improved sales performance in other categories,” said Corie Barry, Best Buy CEO.
Outlook: Best Buy sees FY26 adjusted EPS of $6.20 – $6.60 versus the estimate of $6.55.
Best Buy expects FY26 revenue of $41.4 billion – $42.2 billion versus an estimate of $41.82 billion. The company expects comparable sales of 0.0% to 2.0% and capital expenditures of $700 million – $750 million.
The company’s FY26 guidance does not include the impact of recently implemented or proposed tariffs. The company expects to spend approximately $300 million on share repurchases during FY26.
Matt Bilunas, Best Buy CFO, said, “As we enter FY26, we believe consumer behavior will be largely similar to last year – remaining resilient but still dealing with high inflation that is driving expenses up across their lives, making them value focused and thoughtful about big ticket purchases..This leads to our comparable sales guide in the range of flat to 2% growth for the year, with growth weighted more to the second half of the year based on the timing of product launches and initiatives.”
For the first quarter of FY26, the company expects comparable sales to be slightly down to last year and adjusted operating income rate to be approximately 3.4%.
Price Action: BBY shares are trading lower by 5.52% at $81.95 in premarket at last check Tuesday.
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