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Best Buy (BBY) Reports Q1 Adj-EPS of $0.36, Misses; Comps Up 2.8%; Reaffirms Outlook

June 15, 2010 8:01 AM EDT
Best Buy Co., Inc. (NYSE: BBY) reports Q1 EPS of $0.36, ex-items, versus the analyst estimate of $0.50. Revenue for the quarter was $10.79 million, which compares to the estimate of $10.94 billion.

Same store sales rose 2.8%.

Reaffirms guidance.

UPDATE: Click here to see some highlights from Best Buy's Q1 conference call.

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Earnings, Guidance, Hot List, Retail Sales