Updated May 2026 · SEC EDGAR data
Best Buy Co. Inc., Q3 2024 Earnings
Consumer Discretionary · Period ending 2024-09-30
Best Buy Co. Inc. (BBY) reported Q3 2024 earnings to the SEC: revenue of $9.3B, EPS of $1.34, and net income of $291.0M. Revenue moved -3.1 percent year-over-year. Sourced directly from Best Buy Co. Inc.'s SEC EDGAR XBRL filings. Sector: Consumer Discretionary.
Headline Numbers
Q3 2024 in Context
Best Buy Co. Inc.'s Q3 2024 revenue declined 3.1 percent year-over-year, mid-single-digit pressure that typically signals soft demand or pricing erosion. Operators selling into this customer should size assumptions conservatively.
That works out to a 3.1 percent net margin, thin but positive. Margin expansion would meaningfully grow earnings; compression would push the company near breakeven.
The NEUTRAL Operator Read
Across the 8 quarters tracked, Best Buy Co. Inc. carries an operator signal of NEUTRAL with high confidence. Recent quarters are roughly flat; management commentary is steady-state. No major directional signal for operators in adjacent markets.
How This Data Was Sourced
All numbers on this page come directly from Best Buy Co. Inc.'s SEC EDGAR filing for Q3 2024. EDGAR is the U.S. Securities and Exchange Commission's public filing system; quarterly results are filed on Form 10-Q and annual results on Form 10-K. XBRL tagging ensures revenue means revenue across every filer. The earnings press release is typically furnished as a Form 8-K. Both forms are public domain. Read the methodology for the operator-signal classification rules.
Frequently Asked Questions
What did Best Buy Co. Inc. report in Q3 2024?
Best Buy Co. Inc. reported revenue of $9.3B, EPS of $1.34, and net income of $291.0M for Q3 2024. Revenue fell 3.1 percent year-over-year. Figures come from the company's SEC EDGAR XBRL filing.
Where does this earnings data come from?
All numbers on this page are pulled directly from Best Buy Co. Inc.'s SEC EDGAR XBRL filing for Q3 2024 (Form 10-Q for quarterly results, Form 10-K for annual). EDGAR is the SEC's public filing system; XBRL is a structured tagging standard that ensures revenue means revenue across every filer. Data is in the public domain.
What is Best Buy Co. Inc.'s current operator signal?
Best Buy Co. Inc. currently carries a NEUTRAL operator signal with HIGH confidence. The signal is calculated across all available quarters, not just this one, and combines a quantitative read of revenue trajectory with a qualitative read of management commentary. Read the methodology page for the formal classification rules.
Is this earnings analysis investment advice?
No. EarningsCallAI is built for business operators evaluating market trends, demand signals, and competitive dynamics, not for stock trading decisions. Operator signals are not buy/sell recommendations. Always consult a licensed financial advisor before making investment decisions.
When was the Q3 2024 report filed?
Best Buy Co. Inc. filed its Q3 2024 results to the SEC for the period ending 2024-09-30. Quarterly filings (10-Q) are typically due within 40 days of period end for large accelerated filers; annual reports (10-K) are typically due within 60 days.
Best Buy Co. Inc. (BBY) reported Q3 2024 earnings to the SEC: revenue of $9.3B, EPS of $1.34, and net income of $291.0M. Revenue moved -3.1 percent year-over-year. Sourced directly from Best Buy Co. Inc.'s SEC EDGAR XBRL filings. Sector: Consumer Discretionary.