百思買第四季度收益:銷售額下降,但計算機需求穩健,股息上漲及更多

財報速遞
03-04

百思買公司(紐約證券交易所代碼:BBY)股價週二盤前交易走低。 公司報告第四季度銷售額同比下降4.8%至139.48億美元,但超出分析師普遍預期的137.02億美元。 國內收入同比下降5.2%,國際收入同比下降0.2%。企業可比銷售額增加0.5%。 毛利潤同比下降2.8%至29億美元,毛利率增長40個基點至20.9%。營業利潤率收縮220個基點至1.6%。季度營業收入下降61.3%至2.17億美元。 非GAAP每股收益(EPS)爲2.58美元,超過分析師共識的2.40美元。 截至2月1日,百思買持有15.7億美元的現金和等價物。過去十二個月的經營現金流總額爲21億美元。 在2025財年第四季度,百思買通過支付2億美元股息和回購2.15億美元股票,共向股東返還了4.15億美元。 百思買董事會批准將定期季度股息提高1%至每股0.95美元。定期季度股息將於4月15日支付給截至3月25日營業結束時的記錄在冊股東。 百思買首席執行官科裏·巴里表示:“我很高興地報告,在計算機強勁增長以及其他類別銷售表現改善的推動下,第四季度銷售額好於預期。” 展望未來:百思買預計2026財年調整後的每股收益在6.20美元至6.60美元之間,而預期爲6.55美元。百思買預計2026財年收入在414億美元至422億美元之間,而預期爲418.2億美元。公司預計可比銷售額將達到0.0%到2.0%,資本支出將達到7億美元至7.5億美元。 公司2026財年的指導意見未包括最近實施或擬議的關稅影響。公司預計將在2026財年花費約3億美元用於股票回購。 百思買首席財務官馬特·比盧納斯表示:“進入2026財年後,我們認爲消費者行爲在很大程度上與去年相似——仍然具有韌性,但仍在應對高通脹推動各項開支上漲,使他們更加註重價值並慎重考慮大額採購。這導致我們提供的可比銷售增長指導在0%到2%之間,增長將更多地集中在下半年,基於產品發佈和計劃的時間安排。” 在2026財年第一季度,公司預計可比銷售額同比略有下降,調整後的營業收入率將約爲3.4%。 股價走勢:截至週二最後一次檢查,百思買股價在盤前交易中下跌5.52%,至81.95美元。

以上內容來自Benzinga Earnings專欄,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.

Also Read: Grocery Giant Albertsons Names Susan Morris As New CEO

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.

Read Next:

  • Ford February US Sales Slide 8.9%, EV Sales Jump 15%: Details

Image via Shutterstock.

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