Best Buy (BBY) Misses Q1 EPS by 6c,Revenue Beats, Updates FY Guidance

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Best Buy Reports First Quarter Results

May 24, 2022 7:00 AM EDT

Comparable Sales Decreased 8.0% Compared to 37.2% Growth in Q1 FY22

GAAP Diluted EPS of $1.49

Non-GAAP Diluted EPS of $1.57

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended April 30, 2022 (Q1 FY23), as compared to the 13-week first quarter ended May 1, 2021 (Q1 FY22).

 

Q1 FY23

Q1 FY22

Revenue ($ in millions)

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