Company Earnings UpdateBest Buy (NYSE: BBY) 1Q20 Results: Beats Consensus on Comps and EPS, CEO to Change in June, Reiterates 2020 Guidance Coresight Research May 23, 2019 Executive Summary Best Buy reported fiscal 1Q20 Revenues of $9.14 billion, up 0.4% year over year and in line with the consensus estimate. Adjusted EPS was $1.02, up 24.4% year over year and beating the $0.87 consensus estimate. Enterprise comps increased 1.1%, beating the 1.0% consensus estimate. Domestic comps increased 1.3%, while international comps declined 1.2%. The company reiterated FY20 revenue guidance of $42.9-43.9 billion (flat to up 2%) and adjusted EPS of $5.45-5.65 (up 2-6%). Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Grocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag BehindSentiment, Tariffs and Inflation—How Is the US Shopper Reacting? US Consumer Survey InsightsWeekly UK Store Openings and Closures Tracker 2025, Week 14: Marks & Spencer Announces Store Openings Across Multiple FormatsUS Store Tracker Extra, November 2025: Burlington Stores Takes Total Opened Retail Space to 88 Million Square Feet
