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Best Buy Co. (BBY) Q1 2026 (USD): EPS 1.28 (exp. 1.22), Revenue 8.94bln (exp. 8.82bln)

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Best Buy Co. (BBY) Q1 2026 (USD): EPS 1.28 (exp. 1.22), Revenue 8.94bln (exp. 8.82bln)

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COMMENTARY:

  • CEO says results were better than expected, helped by positive comps across most major categories and strength in Best Buy Ads and Marketplace
  • Incoming CEO Jason Bonfig is due to take over in November 2026. 

SSS: 

  • Q1 SSS: 2.0% (exp. 0.9%); domestic comps +1.8%, domestic online comps +1.4%, international comps +4.7%
  • FY SSS view: -1.0% to +1.0% (exp. 0.4%)

GUIDANCE: 

  • FY EPS view 6.30-6.60 (exp. 6.48)
  • FY Rev. view 41.2-42.1bln (exp. 41.73bln)
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