Best Buy: beats consensus in Q1
(CercleFinance.com) - Best Buy has announce adjusted EPS (non-GAAP) of continuing operations that is up 37% at 0.
82 dollar for Q1, eight cents above the consensus.
The consumer electronics chain saw its adjusted operating margin increase 0.2 point to 3.3%, but for a turnover of more than 9.1 billion million, on sales growth of 7.1% in comparable data.
For the current year, Best Buy confirms that it is expecting adjusted EPS of between 4.80 dollars and 5 dollars, an adjusted operating margin of 4.5% and turnover of between 41 billion and 42 billion dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
82 dollar for Q1, eight cents above the consensus.
The consumer electronics chain saw its adjusted operating margin increase 0.2 point to 3.3%, but for a turnover of more than 9.1 billion million, on sales growth of 7.1% in comparable data.
For the current year, Best Buy confirms that it is expecting adjusted EPS of between 4.80 dollars and 5 dollars, an adjusted operating margin of 4.5% and turnover of between 41 billion and 42 billion dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.