Client electronics retailer Greatest Purchase Co., Inc. (NYSE: BBY) on Thursday reported a rise in earnings for the second quarter of 2025, regardless of a decline in revenues.
Second-quarter revenues decreased to $9.29 billion from $9.58 billion within the corresponding interval of 2024. Complete comparable gross sales declined 2.3%, persevering with the latest development.
The corporate reported earnings of $1.34 per share for the July quarter, on an adjusted foundation, which is up 10% from $1.22 per share within the year-ago quarter. Web revenue, together with particular objects, was $291 million or $1.34 per share in Q2, in comparison with $274 million or $1.25 per share a 12 months earlier.
Corie Barry, Greatest Purchase’s CEO, mentioned, “We see a client who’s looking for worth and gross sales occasions, and one who can be prepared to spend on excessive value level merchandise when they should or when there’s new compelling know-how.”
