Best Buy (BBY) Tops Q1 EPS by 8c, Comps Increase 7.1%, Offers Q2 and FY Guidance
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Best Buy Reports Better-than-Expected First Quarter Results
May 24, 2018 7:00 AM EDTEnterprise Comparable Sales Increased 7.1%
GAAP Diluted EPS Increased 20% to $0.72
Non-GAAP Diluted EPS Increased 37% to $0.82
MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the first quarter ended May 5, 2018 (Q1 FY19), as compared to the first quarter ended April 29, 2017 (Q1 FY18). The company reported Q1 FY19 GAAP diluted earnings per share of $0.72, an increase of 20% from $0.60 in Q1 FY18. Non-GAAP diluted earnings per share for Q1 FY19 were $0.82, an increase of 37% from $0.60 in Q1 FY18.
          Q1 FY19   Q1 FY18 Revenue ($ in millions):       Enterprise   $9,109... More