BBY
FY2027 Q1 · Calendar Q2 2026
Best Buy Co., Inc.
Best Buy delivered a stronger-than-expected Q1 FY27, with revenue of $8.94 billion, 2% comparable sales growth, and 11% EPS growth, beating consensus on both the top and bottom lines. Gaming, computing, and mobile phones drove demand, while the high-margin Best Buy Ads and Marketplace businesses emerged as increasingly significant growth engines. Management reaffirmed full-year FY27 guidance and outlined initiatives including an exclusive RGB TV launch, new medium and small-format stores, Meta Labs deployments in 50 locations, and AI partnerships with OpenAI and Google. CEO succession was announced with Jason Bonfig set to take over in November.
EPS surprise+4.1%
Market move+15.8%
