Many teens have big dreams, and Best Buy Teen Tech Centers are helping make them a reality.
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Giving youth — especially girls — access to tech education opportunities is important to Best Buy. We’re committed to closing the gender gap and helping train girls for the careers of the future.
Enterprise Comparable Sales Increased 12.6%
Domestic Comparable Online Sales Increased 89.3%
GAAP Diluted EPS Increased 9% to $3.10
Non-GAAP Diluted EPS Increased 20% to $3.48
Quarterly Dividend Increased 27% to $0.70 per Share
MINNEAPOLIS, February 25, 2021 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended January 30, 2021 (“Q4 FY21”), as compared to the 13-week fourth quarter ended February 1, 2020 (“Q4 FY20”).
(Click here to view full release and statements.)
| Revenue ($ in millions) | Q4 FY21 | Q4 FY20 | FY21 | FY20 |
| Enterprise | $16,937 | $15,196 | $47,262 | $43,638 |
| Domestic segment | $15,400 | $13,848 | $43,293 | $40,114 |
| International segment | $1,537 | $1,348 | $3,969 | $3,524 |
| Enterprise comparable sales % change1 | 12.6% | 3.2% | 9.7% | 2.1% |
| Domestic comparable sales % change1 | 12.4% | 3.4% | 9.2% | 2.3% |
| Domestic comparable online sales % change1 | 89.3% | 18.7% | 144.4% | 17.0% |
| International comparable sales % change1 | 14.9% | 1.6% | 15.0% | (0.5)% |
| Operating Income | ||||
| GAAP operating income as a % of revenue | 6.1% | 6.4% | 5.1% | 4.6% |
| Non-GAAP operating income as a % of revenue | 6.9% | 6.5% | 5.8% | 4.9% |
| Diluted Earnings per Share (“EPS”) | ||||
| GAAP diluted EPS | $3.10 | $2.84 | $6.84 | $5.75 |
| Non-GAAP diluted EPS | $3.48 | $2.90 | $7.91 | $6.07 |
For GAAP to non-GAAP reconciliations of the measures referred to in the above table, please refer to the attached supporting schedule.
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