---
schema_version: "secwatch.filing_event.v1"
accession: "0000764478-26-000018"
form_type: "8-K"
ticker: "BBY"
cik: "0000764478"
company_name: "BEST BUY CO INC"
filed_at: "2026-05-28T11:00:49+00:00"
generated_at: "2026-05-28T11:06:01.820384+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Best Buy Q1 comps +2%, EPS beat; CEO Barry to step down, Bonfig to succeed

## Summary
- Q1 enterprise revenue $8.94B (+1.9% YoY); diluted EPS $1.31 vs $0.95 (+38%); adjusted diluted EPS $1.28 vs $1.15 (+11%).
- Domestic comp sales +1.8%, International comp +4.7%; gaming, computing, mobile phones led.
- FY27 guidance reaffirmed: revenue $41.2-42.1B, adjusted EPS $6.30-6.60, capex ~$750M.
- CEO Corie Barry to step down later 2026; Jason Bonfig, current Chief Customer Officer, becomes CEO effective Nov 1, 2026.
- Quarterly dividend $0.96 per share, payable July 9, 2026 to holders of record June 18.

## SEC filing metadata
- accession: 0000764478-26-000018
- form_type: 8-K
- ticker: BBY
- cik: 0000764478
- company_name: BEST BUY CO INC
- filed_at: 2026-05-28T11:00:49+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764478/000076447826000018/0000764478-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764478/000076447826000018/bby-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764478-26-000018
- JSON: https://secwatch.observer/filing/0000764478-26-000018.json
- Plain text: https://secwatch.observer/filing/0000764478-26-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.