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edited by Md. Touhidul Islam
on 2023/05/29 08:07
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33 33  During the first quarter of the fiscal year ended April 29, 2023, Best Buy has reported total revenue of $9,467 million which was $10,647 million during the corresponding period a year earlier. Gross profit of the company during the periods are $2,150 million and $2,353 million, respectively. Gross profit margin is 22.7% and 22.1% for the periods, respectively. Operating income of the company is $311 in the Q1 of FY24, which was $462 million during the first quarter a year earlier. Net earnings reported by the company is $244 million and $341 million for the periods, respectively. Diluted earnings per share is $1.11 and $1.49, respectively.
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35 -In the first quarter of FY24, total revenue comprises 93% of domestic and 7% of international revenue which was similar during the quarter a year earlier.
35 +In the first quarter of FY24, total revenue comprises 93% of domestic and 7% of international revenue which was similar during the quarter a year earlier. In both the segments, computing and mobile phones is the top product category, representing about 45% of total revenue in each market.
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37 +In Q1 FY24, the company returned a total of $281 million to shareholders through dividends of $202 million and share repurchases of $79 million.
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40 40  == Annual Performance Highlights ==
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