Best Buy reports Q1 FY27 results
Comparable sales rose 2% and diluted EPS was $1.31; adjusted EPS was $1.28. Company reiterates FY27 guidance of $6.30–$6.60 and announces CEO transition.
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Multichannel consumer electronics retailer and services provider
bestbuy.comLast updated
In short: Best Buy reported positive comparable sales growth in Q1 FY2027 and announced Jason Bonfig will succeed Corie Barry as CEO in November 2026.
Comparable sales rose 2% and diluted EPS was $1.31; adjusted EPS was $1.28. Company reiterates FY27 guidance of $6.30–$6.60 and announces CEO transition.
Starting June 4, members earn 1% back on eligible purchases, or 6% with My Best Buy Credit Card. They can track rewards in a digital hub.
Bonfig, current Chief Customer, Product and Fulfillment Officer, assumes role end of Q3 2026. Barry departs October 31 and advises six months post-transition.
CDP recognizes leadership in climate efforts, emission reductions, and environmental goals. FY25 achievements include 74% carbon cut and 21% water reduction.
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