Best Buy — May 29, 2025 release

6 %.”  FY26 Financial Guidance  Best Buy’s updated Enterprise guidance for FY26 is the following:  · Revenue of $41.1 billion to $41.9 billion, which compares to prior guidance of $41.4 billion to $42.2 billion · Comparable sales 1 of (1.0%) to 1.0%, which compares to prior guidance of 0.0% to 2.0% · Adjusted operating income rate 2 of approximately 4.2%, which compares to prior guidance of 4.2% to 4.4% · Adjusted effective income tax rate 2 of approximately 25.0%, which remains unchanged · Adjusted diluted EPS 2 of $6.15 to $6.30, which compares to prior guidance of $6.20 to $6.60 · Capital expenditures of approximately $700 million, which compares to prior guidance of $700 million to $750 million  Domestic Segment Q1 FY26 Results  Domestic Revenue Domestic revenue of $8.13 billion decreased 0.9% versus last year primarily driven by a comparable sales decline of 0.7%.  From a merchandising perspective, the largest drivers of the comparable sales decline on a weighted basis were home theater, appliances and drones. These drivers were partially offset by growth in the computing, mobile phone and tablet categories.  Domestic online revenue of $2.58 billion increased 2.1% on a comparable basis, and as a percentage of total Domestic revenue, online revenue was 31.7% versus 30.8% last year.  Domestic Gross P