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Barchart
Barchart
Neha Panjwani

What You Need to Know Ahead of Best Buy’s Earnings Release

Best Buy BBY

Best Buy Co., Inc. (BBY), headquartered in Richfield, Minnesota, retails consumer electronics, home office products, entertainment software, appliances, and related services through its retail stores, as well as its website. Valued at $14.3 billion by market cap, the company also retails pre-recorded home entertainment products through retail stores. The retail giant is expected to announce its fiscal first-quarter earnings for 2026 before the market opens on Thursday, May 29.

Ahead of the event, analysts expect BBY to report a profit of $1.08 per share on a diluted basis, down 10% from $1.20 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. 

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