Published on 30 May 2024 on Benzinga via Yahoo Finance
Best Buy Q1 Earnings: EPS Beat, Restructuring Charges, CEO Confident in Strengthening Position in Computing and Appliances
Best Buy Co., Inc (NYSE:BBY) reported fiscal first-quarter adjusted EPS of $1.20, beating the street view of $1.08. Quarterly sales of $8.85 billion missed the analyst consensus of $8.96 billion.
Quarterly domestic revenue of $8.20 billion decreased 6.8% year-over-year. Comparable sales fell 6.1%.