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 pattern.
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. Internet 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 yr earlier.
Corie Barry, Greatest Purchase’s CEO, mentioned, “We see a consumer who is seeking value and sales events, and one who is also willing to spend on high price point products when they need to or when there is new compelling technology.”