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Best Buy annual meeting results: all directors elected, say-on-pay approved, shareholder proposals rejected
All 13 director nominees elected; Meghan C. Frank, Steven E. Rendle, Sima D. Sistani, Melinda D. Whittington each received over 23M against votes.
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Best Buy Q1 comps +2%, EPS beat; CEO Barry to step down, Bonfig to succeed
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%).
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Best Buy names Jason Bonfig as CEO, CEO Corie Barry to depart Oct 31, 2026
Corie Barry will step down as CEO and Board member effective Oct 31, 2026; she will serve as strategic advisor for 6 months post-departure at $1M salary.
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Best Buy Reports Q4 FY26: Comparable Sales Down 0.8%, Adjusted EPS $2.61
Comparable sales decreased 0.8% for Q4 FY26 ended January 31, 2026.
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Best Buy appoints director Jadeja to Compensation and Finance committees
A. Dylan Jadeja appointed to Compensation and Human Resources Committee.
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Best Buy appoints Riot Games CEO Dylan Jadeja to board of directors
Dylan Jadeja, CEO of Riot Games, elected to Best Buy's Board effective November 26, 2025.
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Best Buy Q3: comp sales +2.7%, adj. EPS $1.40; raises FY26 adj. EPS guide to $6.25-$6.35
Revenue $9.672B (+2.4% YoY); Domestic comp +2.4%, International comp +6.3%.
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Best Buy appoints lululemon CFO Meghan Frank to its Board of Directors
Meghan Frank elected as director effective Sept. 10, 2025; she is CFO of lululemon since Nov. 2020.
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Best Buy Q2 comp sales +1.6%, first growth in 3 years; adj EPS $1.28 beats estimates
Q2 revenue $9.44B (+1.6% comp); GAAP EPS $0.87 incl. $114M restructuring; adj EPS $1.28.
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Best Buy EVP Damien Harmon stepping down July 18; no replacement planned
Damien Harmon, SEVP Channel & Customer Experiences & Enterprise Services, departs July 18, 2025.
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Best Buy shareholders re-elect all 11 directors, reject all four shareholder proposals
All 11 director nominees elected with >95% of votes cast (range 94.4%–99.7%).
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Best Buy Q1 adjusted EPS $1.15; cuts FY26 guidance due to tariffs; comp sales -0.7%
Enterprise revenue $8.77B (down 0.9% YoY); comparable sales -0.7% (vs -6.1% prior year).
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Best Buy enters $1.25B five-year credit facility, replaces prior April 2028 facility
New $1.25 billion unsecured revolving credit facility matures April 2030; replaces previous facility of same size that was terminated.
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Best Buy Q4 comparable sales up 0.5%; GAAP EPS $0.54, adjusted $2.58; guides FY26 adj EPS $6.20-$6.60
Revenue $13.95B down 4.8% vs 14-week Q4; comparable sales +0.5% vs -4.8% a year ago.
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Best Buy Q3 revenue down 2.9% to $9.45B; GAAP EPS $1.26 (+4%); cuts FY25 comp sales outlook to -2.5% to -3.5%
Enterprise revenue $9.45B, down 2.9% YoY; comparable sales declined 2.9%.
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Best Buy Q2 comparable sales -2.3% (improved from -6.2%); raises FY25 EPS outlook
Revenue $9.288B, down 3.1% YoY; GAAP EPS $1.34 (+7%), non-GAAP EPS $1.34 (+10%).
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Best Buy shareholders elect all 11 directors, ratify auditor, approve exec comp
All 11 director nominees elected; Corie S. Barry received 176.7M votes for, 0.6M against.
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Best Buy Q1 comparable sales down 6.1%; EPS beats; FY25 guidance reaffirmed
GAAP diluted EPS $1.13 (up 2% YoY); Non-GAAP diluted EPS $1.20 (up 4% YoY); revenue $8.847B, down 6.5%.
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Best Buy board chair Doyle to step down; Kenny to become chair; new severance policy
Director J. Patrick Doyle resigns effective June 12, 2024; replaced as Board Chair by David W. Kenny.
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Best Buy Q4 comparable sales down 4.8%; non-GAAP EPS $2.72; raises dividend 2%; guides FY25 EPS $5.75-$6.20
Q4 comparable sales -4.8%; revenue $14.65B (incl extra week), GAAP EPS $2.12, non-GAAP EPS $2.72.
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Best Buy appoints director Sima Sistani to Compensation and HR Committee
Sima D. Sistani appointed to Board's Compensation and Human Resources Committee effective Dec. 8, 2023.
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Best Buy Q3 revenue $9.76B down 7.8% YoY; lowers FY24 revenue and comp guidance
GAAP diluted EPS $1.21; non-GAAP diluted EPS $1.29, both down from $1.22/$1.38 YoY.
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Best Buy appoints David C. Kimbell to board committees effective Sep 7
David C. Kimbell, elected to board on July 28, 2023, appointed to Compensation and Human Resources Committee.
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Best Buy Q2: comp sales -6.2%, EPS $1.25; FY24 revenue guidance lowered to $43.8-$44.5B
Q2 revenue $9.58B (-7.1% YoY), comparable sales -6.2%; GAAP diluted EPS $1.25, non-GAAP $1.22.
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Best Buy appoints Ulta Beauty CEO Dave Kimbell to its Board of Directors
Dave Kimbell, CEO of Ulta Beauty, appointed to Best Buy Board effective July 28, 2023.
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Best Buy shareholders elect 12 directors, ratify auditor, approve say-on-pay at annual meeting
All 12 director nominees elected with between 170.9M and 177.1M votes for each.
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Best Buy Q1 comparable sales down 10.1%; GAAP EPS $1.11 vs $1.49 YoY
Revenue $9.47B down 11% YoY; domestic comp sales -10.4%, international -5.5%.
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Best Buy director Thomas L. Millner to retire; Mario Marte to become Audit Chair
Director Thomas L. Millner will retire effective June 14, 2023, at the end of his term.
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Best Buy enters into $1.25B five-year revolving credit facility replacing existing facility
New $1.25B committed unsecured revolving facility matures April 2028; replaces the $1.25B facility set to expire May 2026.
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Best Buy appoints Sima Sistani and Melinda Whittington to board of directors
Sima Sistani, CEO of WW International, and Melinda Whittington, CEO of La-Z-Boy, elected to Best Buy's board effective March 28, 2023.