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

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Best Buy Reports First Quarter Results

May 21, 2020 7:00 AM EDT

Enterprise Revenue Decreased 6.3%

Domestic Comparable Online Sales Increased 155.4%

GAAP Diluted EPS of $0.61

Non-GAAP Diluted EPS of $0.67

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 2, 2020 (Q1 FY21), as compared to the 13-week first quarter ended May 4, 2019 (Q1 FY20).

 

Q1 FY21

Q1 FY20

Revenue ($ in... More