Best Buy reports $8.94 billion revenue
Best Buy’s revenue climbed slightly, driven by comparable sales growth of 2%.
The company reaffirmed its full-year guidance of revenue between $41.2 billion and $42.1 billion.
Best Buy’s biggest growth drivers were gaming, computing, mobile phones, and services.
The company’s shares rose roughly 7% in premarket trading, with earnings per share at $1.28 adjusted, beating the expected $1.23.