Compared to Estimates, Best Buy (BBY) Q1 Earnings: A Look at Key Metrics

Core Insights - Best Buy reported revenue of $8.77 billion for the quarter ended April 2025, a decrease of 0.9% year-over-year, with EPS at $1.15 compared to $1.20 in the same quarter last year [1] - The reported revenue matched the Zacks Consensus Estimate, indicating a surprise of +0.01%, while the EPS exceeded expectations by +5.50% [1] Financial Performance - Comparable store sales for the enterprise decreased by 0.7%, aligning closely with the nine-analyst average estimate of -0.6% [4] - Domestic comparable store sales also fell by 0.7%, matching the eight-analyst average estimate [4] - International comparable store sales decreased by 0.7%, which was worse than the -0.4% estimate from seven analysts [4] Store Metrics - Total number of international stores was 157, slightly below the average estimate of 160 from five analysts [4] - The number of domestic U.S. Best Buy stores was 886, close to the average estimate of 888 [4] - Total number of stores was 1,108, compared to the average estimate of 1,114 from four analysts [4] Geographic Revenue - International revenue was reported at $640 million, slightly above the six-analyst average estimate of $639.25 million, reflecting a year-over-year decline of 0.6% [4] - Domestic revenue reached $8.13 billion, exceeding the $8.11 billion average estimate from six analysts, but still representing a year-over-year decrease of 0.9% [4] Stock Performance - Best Buy's shares returned +7.2% over the past month, outperforming the Zacks S&P 500 composite's +6.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]