patronus-ai / financebench

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Wrong Answers #7

Open zmtomorrow opened 2 weeks ago

zmtomorrow commented 2 weeks ago

Question: Was there any change in the number of Best Buy stores between Q2 of FY2024 and FY2023?

Provided answer: Yes, there is decline in number stores by 1.32% from 982 stores in Q2 FY 2023 to 969 by the end of Q2 FY2024.

Evidence text: Fiscal 2024 Fiscal 2023 Total Stores at Beginning of Second Quarter Stores Opened Stores Closed Total Stores at End of Second Quarter Total Stores at Beginning of Second Quarter Stores Opened Stores Closed Total Stores at End of Second Quarter Best Buy 908 - (1) 907 931 1 (2) 930 Outlet Centers 20 1 (1) 20 16 2 - 18 Pacific Sales 20 - - 20 21 - - 21 Yardbird 18 4 - 22 9 4 - 13 Total 966 5 (2) 969 977 7 (2) 982

Mistake: The query asks about the best buy stores, but the provided answer considered total stores.

Right Answer: There is a decline from 930 to 907.

zmtomorrow commented 1 week ago

Question: Which Best Buy product category performed the best (by top line) in the domestic (USA) Market during Q2 of FY2024?

evidence_text: "Computing and Mobile Phones: The 6.4% comparable sales decline was driven primarily by computing, mobile phones and tablets.x000D\n\uf0b7 Consumer Electronics: The 5.7% comparable sales decline was driven primarily by home theater, partially offset by comparable sales growth inx000D\nheadphones and portable speakers.x000D\n\uf0b7 Appliances: The 16.1% comparable sales decline was driven primarily by large appliances.x000D\n\uf0b7 Entertainment: The 9.0% comparable sales growth was driven primarily by gaming, partially offset by comparable sales declines in virtual reality andx000D\ndrones.x000D\n\uf0b7 Services: The 7.6% comparable sales growth was driven primarily by the cumulative growth in our paid membership base",

Mistake: The text only consider growth. However, if one considers the revenue proportion:

image

The 'Computing and Mobile Phones' category had the highest revenue mix at 41%, despite a 6.4% decline in comparable sales. This indicates that it generated the most revenue in absolute terms, even though its sales declined compared to the previous year.