Latest Best Buy News & Updates

See the latest news and media coverage for Best Buy. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
Best Buy

Multichannel consumer electronics retailer and services provider

bestbuy.com
Headquarters
Richfield, United States
Founded year
1966
Company type
Public company
Number of employees
70,000+

Last updated

Latest news about Best Buy

In short: Best Buy reported positive Q1 FY27 comparable sales growth, announced a transition to new CEO Jason Bonfig, and maintained its full-year outlook.

Company announcements

Best Buy

Best Buy reports Q1 FY27 results

Comparable sales rose 2% and diluted EPS was $1.31; adjusted EPS was $1.28. Company reiterates FY27 guidance of $6.30–$6.60 and announces CEO transition.

Best Buy

Best Buy makes CDP’s Climate A List for ninth year

CDP recognizes leadership in climate efforts, emission reductions, and environmental goals. FY25 achievements include 74% carbon cut and 21% water reduction.

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Media coverage

Reuters

Best Buy finance chief Matt Bilunas to step down

Electronics ​retailer Best ‌Buy ​said ​on Monday ⁠its ​chief financial ​officer Matt ​Bilunas ​will step down ‌from ⁠the post, ​effective ​July ⁠31.

Seeking Alpha

Best Buy preps to welcome just its sixth CEO in its history

Best Buy (BBY) names Jason Bonfig as new CEO Oct. 31 amid softer demand.

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