Best Buy (BBY) Q1 Earnings Beat Estimates, Revenues Dip Y/Y

Best Buy Co., Inc. (BBY) has reported first-quarter fiscal 2025 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed. While revenues decreased year over year, earnings improved from the year-ago period.Q1 DetailsBest Buy’s adjusted earnings of $1.20 per share beat the Zacks Consensus Estimate of$1.07. The bottom line increased 4.3% from earnings of $1.15 per share in the year-ago period. Enterprise revenues declined 6.5% from the prior fiscal year’s quarterly number ...