Best Buy Co Inc
- Best Buy Company jumped 8.9% to $69.99 after the electronics retailer reported better-than-expected results for the fiscal first quarter ending on May 2.
Revenue increased to $8.9 billion from $8.8 billion, net income rose to $276 million from $202 million, and diluted earnings per share advanced to $1.31 from 95 cents a year ago.
Comparable sales advanced 2% compared to a decline of 0.7% in the year ago period, and the specialty retailer reaffirmed its annual outlook.
Best Buy estimated fiscal year revenue between $41.2 billion and $42.1 billion and comparable sales to range between a decline of 1% and a rise of 1%.
May 28, 2026
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