1、Best Buy Reports Fourth Quarter ResultsComparable Sales Decreased 0.8%Diluted EPS of$2.56 Adjusted Diluted EPS of$2.61Increasing Quarterly Dividend 1%to$0.96 per ShareExpects FY27 Adjusted Diluted EPS of$6.30 to$6.60MINNEAPOLIS,March 3,2026-Best Buy Co.,Inc.(NYSE:BBY)today announced results for the

2、13-week fourth quarter ended January 31,2026(“Q4 FY26”),as compared to the 13-week fourth quarter ended February 1,2025(“Q4 FY25”).Q4 FY26Q4 FY25FY26FY25Revenue($in millions)Enterprise$13,814$13,948$41,691$41,528 Domestic segment$12,575$12,715$38,278$38,238 International segment$1,239$1,233$3,413$3,

3、290 Enterprise comparable sales%change1(0.8)%0.5%0.5%(2.3)%Domestic comparable sales%change1(0.8)%0.2%0.4%(2.5)%Domestic comparable online sales%change1(2.3)%2.6%1.3%(0.8)%International comparable sales%change1(1.3)%3.8%2.3%(0.5)%Operating IncomeOperating income as a%of revenue 5.2%1.6%3.3%3.0%Adjus

4、ted operating income as a%of revenue 5.0%4.9%4.3%4.2%Diluted Earnings per Share(EPS)Diluted EPS$2.56$0.54$5.04$4.28 Adjusted diluted EPS$2.61$2.58$6.43$6.37 For GAAP to non-GAAP reconciliations of the consolidated adjusted measures used throughout this release,please refer to the attached supporting

5、 schedule.“We are pleased to report better-than-expected profitability for the fourth quarter,said Corie Barry,Best Buy CEO.Our comparable sales,while within our guidance range,declined 0.8%compared to last year.Our data sources show our overall market share was at least flat,pointing to slightly so

6、fter customer demand for our industry during the holiday quarter.“For the year,we returned to positive comparable sales and expanded our operating income rate,continued Barry.We also launched and scaled our U.S.digital Marketplace,drastically increasing our available product count for our customers,