Compared to Estimates, Best Buy (BBY) Q1 Earnings: A Look at Key Metrics

Best Buy (BBY) reported $8.94 billion in revenue for the quarter ended April 2026, representing a year-over-year increase of 1.9%. EPS of $1.28 for the same period compares to $1.15 a year ago.The reported revenue represents a surprise of +1.44% over the Zacks Consensus Estimate of $8.81 billion. With the consensus EPS estimate being $1.22, the EPS surprise was +5%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Best Buy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Comparable store sales - Enterprise - YoY change: 2% compared to the 0.9% average estimate based on eight analysts.Comparable store sales - Domestic - YoY change: 1.8% compared to the 1% average estimate based on six analysts.Comparable store sales - International - YoY change: 4.7% versus 1.1% estimated by six analysts on average.Number of stores - Total: 1,065 versus 1,068 estimated by four analysts on average.Number of stores - Domestic - Pacific Sales: 20 compared to the 20 average estimate based on three analysts.Number of stores - International - Canada Best Buy Stores: 129 compared to the 130 average estimate based on three analysts.Number of stores - International - Canada Best Buy Mobile Stand-Alone Stores: 12 versus 12 estimated by three analysts on average.Number of stores - Domestic - Best Buy: 884 versus 886 estimated by three analysts on average.Number of stores - Domestic - Total: 924 versus the three-analyst average estimate of 926.Number of stores - International - Total: 141 versus the three-analyst average estimate of 142.Geographic Revenue- International: $687 million versus $637.47 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.3% change.Geographic Revenue- Domestic: $8.25 billion versus $8.17 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change.View all Key Company Metrics for Best Buy here>>>Shares of Best Buy have returned +9.9% over the past month versus the Zacks S&P 500 composite's +5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks