Best Buy — May 29, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000764478-25-000014
Showing in the filing
Adjusted diluted EPS
“$6.15 to $6.30”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Adjusted diluted EPS for FY2026
“$6.15 to $6.30”
Annual comparable sales growth for FY2026
“in the range of down 1% to up 1%”
Adjusted operating income rate for Q2 FY2026
“approximately 3.6%”
Revenue for FY2026
“$41.1 billion to $41.9 billion”
Comparable sales for FY2026
“(1.0%) to 1.0%”
Adjusted operating income rate for FY2026
“approximately 4.2%”
Adjusted effective income tax rate for FY2026
“approximately 25.0%”
Capital expenditures for FY2026
“approximately $700 million”
Share repurchases for FY2026
“approximately $300 million”
Quarterly cash dividend for FY2025
“$0.95 per common share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Exhibit 99
Best Buy Reports First Quarter Results
Comparable Sales Decreased 0.7%
Diluted EPS of $0.95
Adjusted Diluted EPS of $1.15
Expects FY26 Adjusted Diluted EPS of $6.15 to $6.30
MINNEAPOLIS, May 29, 2025 -- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 3, 2025 (“Q1 FY26”), as compared to the 13-week first quarter ended May 4, 2024 (“Q1 FY25”).
Q1 FY26
Q1 FY25
Revenue ($ in millions)
Enterprise
$
8,767
$
8,847
Domestic segment
$
8,127
$
8,203
International segment
$
640
$
644
Enterprise comparable sales % change 1
(0.7)
%
(6.1)
%
Domestic comparable sales % change 1
(0.7)
%
(6.3)
%
Domestic comparable online sales % change 1
2.1
%
(6.1)
%
International comparable sales % change 1
(0.7)
%
(3.3)
%
Operating Income
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.