Best Buy Reports First Quarter Results

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Best Buy (BBY) Tops Q1 EPS by 7c; Retained ~81% of Last Year Sales During Pandemic

May 21, 2020 7:01 AM EDT

Best Buy (NYSE: BBY) reported Q1 EPS of $0.67, $0.07 better than the analyst estimate of $0.60. Revenue for the quarter came in at $8.56 billion versus the consensus estimate of $8.35 billion.

Domestic Comparable Online Sales Increased 155.4%Enterprise comparable sales % change1 (5.3)

On behalf of all of us at Best Buy, I want to extend our sincere appreciation and gratitude to all those who are on the front lines working to keep us safe or maintain essential services, and we offer our heartfelt sympathy to all those who have lost someone to... More