Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Best Buy beats Q1 earnings estimates, driven by gaming and computing sales growth.

Company Fundamentals
28 May 2026
CNBC
View Source
Bullish
pluang ai news

Best Buy reported better-than-expected earnings for its first fiscal quarter, with revenue rising slightly to $8.94 billion and adjusted earnings per share of $1.28, surpassing analyst expectations. Growth was driven by strong sales in gaming, computing, mobile phones, and services, offsetting declines in appliances. The company reaffirmed its full-year revenue and earnings guidance and announced a CEO transition, with Jason Bonfig set to replace Corie Barry in the fall as part of efforts to boost sales and accelerate growth. Shares rose about 7% in premarket trading following the report.

More News (BBY)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App