Core Viewpoint - Best Buy's Q2 performance exceeded expectations, driven by strong demand for gaming and computer equipment, which helped offset the impact of new tariffs [1][2] Financial Performance - Q2 revenue reached $9.44 billion, a 1.6% year-over-year increase, surpassing market expectations by $210 million [1] - Non-GAAP earnings per share were $1.28, exceeding market expectations by $0.06 [1] - Comparable sales grew by 1.6%, with domestic revenue of $8.7 billion, up 0.9% year-over-year, primarily due to a 1.1% increase in comparable sales [1] - International revenue was $740 million, a 11.3% year-over-year increase, driven by a 7.6% rise in comparable sales and revenue from new Best Buy Express stores in Canada [1] Restructuring and Costs - The company incurred $114 million in restructuring costs related to a company-wide restructuring plan, including employee severance benefits and approximately $40 million in asset impairment [1] Product Demand and Market Recovery - Best Buy benefited from the release of popular new products like the Nintendo Switch 2, marking the end of a 14-quarter sales decline [1] - The company is recovering from decreased spending in product categories like home theater equipment, which had negatively impacted performance during the pandemic [1] Financial Guidance - The company maintained its full-year financial outlook, reaffirming adjusted diluted earnings per share guidance of $6.15 to $6.30 [2] - Full-year revenue is expected to be between $41.1 billion and $41.9 billion [2]