BEST BUY CO INC (BBY) Form 10-Q — Jun 5, 2026
Best Buy reported first-quarter fiscal 2027 revenue of $8.9 billion, a 1.9% increase year-over-year, driven by 2.0% comparable sales growth. The growth was primarily fueled by strong performance in gaming, computing, and mobile phones, which offset a 13.6% decline in major appliance sales. Operating income rose to $370 million from $219 million in the prior year, largely due to a reduction in restructuring charges. Diluted earnings per share increased to $1.31 from $0.95, reflecting higher operating income and a lower effective tax rate impact from prior-year discrete items.
Key figures
- Eps
- 1.31
- Revenue
- 8936000000
- Net Income
- 276000000
- Revenue Yoy
- 1.9%
- Cash Position
- 1749000000
- Operating income
- 370000000
- Operating margin
- 4.1%
- Dividend per share
- 0.96
- Shares outstanding
- 210767126
- Comparable sales growth
- 2.0%
- Total cash and restricted
- 2036000000
Price after filing
Close on the filing date to close N calendar days later (from $70.99). Historical, not a forecast.
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