Скачать или смотреть Best Buy Co., Inc. (BBY) Q1 2026 Earnings – Full Coverage

*Best Buy Co., Inc. (BBY) Q1 2026 Earnings – Full Coverage*

*Key Highlights:*
*Financials* – Q1 revenue $8,800,000K USD, down 0.9% YoY; comps down 0.7%; adjusted EPS $1.15, down 4%; $200B CE market; tariffs (10-30%) mitigated.
*Operations* – Computing, mobile, tablets grew; online sales 32% of domestic; launched Best Buy Storefronts; tariffs offset via vendor flexibility, pricing.
*Strategy* – CEO Corie Barry targets omnichannel growth; CFO Matt Bilunas focuses efficiencies; Marketplace, Ads to boost margins; tariff-neutral via sourcing shifts.
*Outlook* – FY26 revenue $41,100,000K-$41,900,000K USD; comps -1% to +1%; adjusted operating income rate ~4.2%; assumes stable tariffs, consumer trends.

*Timestamps:*
[00:00] – Opening Remarks (Operator)
[00:46] – Introduction (Mollie O’Brien, Head IR)
[02:00] – CEO Update: Q1 Results & Tariffs (Corie Barry)
[21:20] – CFO Update: Financials & Guidance (Matt Bilunas)
[29:47] – Q&A Session Begins
[29:47] – Q&A: China Sourcing & Tax Settlement (Scott Ciccarelli, Truist)
[33:42] – Q&A: Demand Pull-Forward & Share (Mike Baker, D.A. Davidson)
[38:11] – Q&A: 3P & Ads Accounting (Greg Melich, Evercore ISI)
[41:30] – Q&A: Comp Drivers & Pricing (Lauren Ng, Morgan Stanley)
[47:23] – Q&A: Marketplace & Innovation (Peter Keith, Piper Sandler)
[54:48] – Q&A: Best Buy Health & Efficiencies (Brian Nagel, Oppenheimer)

*Keywords:* Best Buy, Q1 2026 earnings, BBY, consumer electronics, tariffs, marketplace

*Buy, Hold, or Sell?*
Best Buy Co., Inc. (BBY) is a HOLD. Q1 revenue down 0.9% to $8,800,000K USD with flat operating margin (3.8%) in a $200B CE market, supported by computing growth (6%) and omnichannel strength (32% online). Tariff mitigation (30-35% China COGS) and Marketplace launch drive resilience, but soft comps (-0.7%) and consumer caution pose risks.

*Max Position* – Allocate 1-2% in a diversified portfolio.

*Comment Below with Your Thoughts! Subscribe for Q2 Updates!*
*Full Details:* [Best Buy Investor Relations](https://investors.bestbuy.com)

Disclaimer: This video includes segments from the earnings call by Best Buy Co., Inc., used solely for educational and informational purposes under fair use (Section 107, US Copyright Act). No affiliation or endorsement by BBY is implied. All rights to the original content remain with the company. For the official call, visit [https://investors.bestbuy.com](https://investors.bestbuy.com). For inquiries or removal requests, contact us at [email protected].