Greatest Purchase Co., Inc. (NYSE: BBY) reported first quarter 2023 earnings outcomes right this moment.

Enterprise income dropped to $10.6 billion from $11.6 billion within the year-ago interval. Comparable gross sales had been down 8%.

Web earnings amounted to $341 million, or $1.49 per share, in comparison with $595 million, or $2.32 per share, final 12 months. Adjusted EPS totaled $1.57.

For FY2023, income is anticipated to vary between $48.3-49.9 billion whereas comparable gross sales is anticipated to say no 3-6%. Adjusted EPS is anticipated to be $8.40-9.00.

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