Best Buy (electronics retailer)Bǎisīmǎi百思买first quarterdì yī jìdù第一季度financial results / performanceyèjī业绩to exceed / to surpasschāochū超出expectations / forecastsyùqī预期,stock pricegǔjià股价to surge / to rise sharplydà zhǎng大涨。
May 30, 2026 at 6:00 PM
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BusinessBest Buy Q1 2026 Results Beat Forecasts as Stock Surges More Than 10 Percent
Best Buy Q1 2026 revenue reached $8.94 billion, beating forecasts, with adjusted EPS of $1.28 and comparable sales up 2 percent year-over-year.
United States electronics retailer Best Buy released its fiscal year 2026 first quarter financial results on May 29. The company's quarterly revenue was 8.94 billion dollars, exceeding analyst forecast of 8.81 billion dollars. Comparable sales grew 2 percent in the same period, with gaming, computers, and mobile phones being the main growth sources. Adjusted earnings per share was 1.28 dollars, higher than market expectations of 1.22 dollars. Following the financial report release, Best Buy's stock price rose more than 10 percent during trading. The company maintains full-year performance guidance, expecting full-year revenue between 41.2 billion to 42.1 billion dollars.
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