Best Buy Earnings Recap: Q1 2027

Key Takeaways:

• Best Buy returned to positive comparable sales growth in Q1, signaling improving momentum as the company continues navigating a cautious consumer environment.

• Growth in gaming, computing, mobile phones, services, advertising, and marketplace expansion helped drive stronger performance during the quarter.

• CEO Corie Barry announced plans to step down at the end of Q3, with longtime Best Buy executive Jason Bonfig set to take over as CEO. (Effective November 1st, 2026)

Click here to view the full earnings recap!