BBY · Best Buy Co Inc

Bramman, a veteran Fortune 500 executive, brings deep retail, consumer and operational finance expertise to Best Buy She will join the executive leadership team under Jason Bonfig, who will succeed Corie Barry as CEO on Nov. 1 MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19. Anne Bramman Bramman joins Best Buy as a seasoned public company executive with more than 30 years of leadership experience across finance, operations, strategy and transformation. In her new role, she will lead Best Buy's global finance organization and help drive the company's strategic priorities in partnership with incoming Chief Executive Officer Jason Bonfig and the rest of the leadership team. “Anne brings an impressive and unique combination of finance and operations experience that aligns perfectly with Best Buy and where we’re headed,” said Jason Bonfig, incoming CEO. “Her consumer expertise, along with her proven track record of leading teams and creating long-term shareholder value will be instrumental as we take on our next chapter.” “I’ve long admired Best Buy’s ability to adapt, innovate and stay deeply connected to its customers,” said Bramman. “I’m thrilled to join the company and I look forward to working with Jason and the impressive Best Buy team to help accelerate growth and build an exciting future together.” Prior to joining Best Buy, Bramman held leadership roles at numerous consumer, technology and industrial organizations. She most recently served as chief financial and growth officer of Circana, a leading consumer analytics company. Prior to Circana, Bramman was CFO of Nordstrom, leading the company's financial strategy, capital allocation and digital transformation efforts. She also served as CFO of Avery Dennison and Carnival Cruise Line and held senior finance leadership roles at L Brands. Today, she serves on the boards of Morningstar and McCormick & Company. Bramman will report to Bonfig and serve on his executive leadership team as the company continues its CEO transition. Bonfig will succeed current CEO Corie Barry on Nov. 1. About Best Buy Best Buy (NYSE: BBY) is the world's largest specialty consumer electronics retailer. Our purpose is to enrich lives through technology by helping customers discover, buy and enjoy products and services that improve their lives. We generated more than $41.6 billion in revenue in fiscal 2026 and operate more than 1,000 stores across North America. Investor Contact: Mollie O'Brien [email protected] Media Contact: Carly Charlson [email protected] Source: Best Buy Co., Inc.

Matt Bilunas to step down on July 31 after 20 years with the company, including seven as CFO Company is conducting an external search for a successor to partner with incoming CEO Jason Bonfig MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced that Matt Bilunas will step down as Chief Financial Officer and depart the company at the end of July. Best Buy has engaged an external search firm for its next chief financial officer and expects to name a successor with previous CFO experience. Current CEO Corie Barry, who previously served as CFO, will provide financial oversight during the transition if needed. "I am truly honored to have been part of this great company and grateful to those who have made a lasting impact on my life and career. I am proud of what we have accomplished together, and even more proud of the people and teams I have had the privilege to work alongside,” said Bilunas. “Best Buy is well positioned for the future, and I have tremendous confidence in Jason and the next generation of leaders who will continue to build on the momentum we’ve created.” Bilunas served as CFO for the last seven years, working hand in hand with Barry and Bonfig to navigate a range of challenging environments to help generate the momentum driving Best Buy and its business today. "We wouldn't be where we are today, or have such confidence in the future ahead of us, without Matt,” said Bonfig. “He helped build Best Buy in invaluable ways, and I'm genuinely grateful for everything he has contributed and everything I've learned from him over the years.” “The past seven years have been exciting, challenging, unpredictable and meaningful, and I truly believe we wouldn't have navigated them as well as we did if it weren't for Matt,” said Barry. “His impact on this company will last for years to come; not only because of his financial leadership, but because of the way he has developed talent and helped shape our strategy. His impact on me personally will last a lifetime.” Bilunas joined Best Buy in July 2006 as a Territory Finance Director. During his tenure, he held numerous finance roles across the company, including Senior Vice President of Enterprise Finance, before assuming the CFO role in 2019. Most recently, Bilunas was responsible for finance, enterprise strategy, procurement, financial services, real estate and omnichannel operations. Bonfig will become the company’s sixth CEO when he officially takes over the role on November 1, 2026. He recently unveiled the four priorities Best Buy will focus on to grow the business: Advancing Best Buy as a Retail, Media and Advertising, and Technology company; Expanding and growing our reach; Elevating the Best Buy experience; and being a human-powered, customer-focused company. About Best Buy Best Buy (NYSE: BBY) is the world's largest specialty consumer electronics retailer. Our purpose is to enrich lives through technology, which we do by providing our customers a unique mix of advice, products and services in our stores, online, and in homes. Our expert associates advise customers on our curated assortment of the latest, name-brand technology, while our highly trained services teams help with designs, consultations, delivery, installation, tech support and repair. We are a leader in corporate responsibility and sustainability issues, including through the Best Buy Foundation's nationwide Best Buy Teen Tech Center ® network and the significant role we play in the circular economy through repa

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.96 per common share. The quarterly dividend is payable on July 9, 2026, to shareholders of record as of the close of business on June 18, 2026. The company had 210,718,220 shares of common stock issued and outstanding as of May 2, 2026. Investor Contact: Mollie O’Brien [email protected] Media Contact: Carly Charlson [email protected] Source: Best Buy Co., Inc.

Comparable Sales Increased 2.0% Diluted EPS Increased 38% to $1.31 Adjusted Diluted EPS Increased 11% to $1.28 Reiterates FY27 Adjusted Diluted EPS Guidance of $6.30 to $6.60 MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 2, 2026 (“Q1 FY27”), as compared to the 13-week first quarter ended May 3, 2025 (“Q1 FY26”). Q1 FY27 Q1 FY26 Revenue ($ in millions) Enterprise $ <td class="bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignr bwwidt

Jason Bonfig to succeed Corie Barry as Chief Executive Officer, following her planned departure at the end of Q3 MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced that its Board of Directors has selected Jason Bonfig, the company’s Chief Customer, Product and Fulfillment Officer, to succeed Corie Barry as the next Chief Executive Officer at Best Buy. Barry will step down from her roles as CEO and member of the Board at the end of Q3 on Oct. 31 of this year. Bonfig will also join the Board at that time. Credit: Best Buy Bonfig’s appointment as the sixth CEO in the company’s 60-year history is the result of an extensive process conducted by the Board that considered internal and external candidates. Barry and Bonfig will continue to work closely over the coming months to ensure a smooth transition. Barry will also remain as a strategic advisor for six months after she steps down as CEO. “As a Board, we are confident that Jason is the right leader to accelerate the business, with urgency and innovative ideas, and create meaningful growth for the company and its shareholders,” said David Kenny, Chair of the Best Buy Board of Directors. “At the same time, this opportunity is only possible because of Corie’s extraordinary leadership over the past seven years. She guided Best Buy with a confident and steady hand and an unrelenting commitment to drive value for our employees, customers, partners and shareholders through some of the most tumultuous and uncertain times we have ever seen.” “I am deeply honored to take on this role. I look forward to working closely with our incredible teams as we lean on our values, culture and strategic advantages to grow our business and create exciting new opportunities for our company,” Bonfig said. “I am grateful for the support of the Board and want to express my admiration and appreciation for Corie, who has had a meaningful impact on me as a leader and helped create the strong, resilient company we are today.” Bonfig currently oversees the core elements of Best Buy’s business, including merchandising, ecommerce, marketing, supply chain, Best Buy Canada and Best Buy Ads, the company’s retail media network. Most recently, he led the creation of the company’s online Marketplace in the U.S. and the scaling of its Best Buy Ads business, key components of Best Buy’s growth strategy. Bonfig’s significant influence within the consumer electronics industry, paired with his deep knowledge and understanding of Best Buy’s customers, seamlessly align with the company’s strategy. Since joining the company as an inventory analyst in 1999, he has developed invaluable relationships with the world’s most prominent technology companies, and over the years has greatly influenced the products and features that customers love and rely on today. Barry, the second-longest tenured CEO in Best Buy’s history, skillfully guided the company through many external challenges by managing the business with unmatched expertise, creating excellent customer experiences, and building a culture of belonging with record-high engagement scores among Best Buy’s more than 80,000 employees. “I am so proud of what Best Buy has accomplished for our employees, customers and shareholders, and the opportunities we’ve had to genuinely make people’s lives better,” Barry said. “I’ve

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy (NYSE: BBY) today announced that Corie Barry, CEO, and Matt Bilunas, chief financial and strategy officer, will participate in a Fireside Chat at the UBS Global Consumer and Retail Conference on March 12, 2026, at 8:00 a.m. Eastern Time. A webcast of the event will be available at www.investors.bestbuy.com both live and after the event. View source version on businesswire.com : https://www.businesswire.com/news/home/20260305829647/en/ Investor Contact: Mollie O’Brien [email protected] Media Contact: Carly Charlson [email protected] Source: Best Buy Co., Inc.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.96 per common share. The quarterly dividend is payable on April 14, 2026, to shareholders of record as of the close of business on March 24, 2026. The company had 209,100,703 shares of common stock issued and outstanding as of January 31, 2026. Investor Contact: Mollie O’Brien [email protected] Media Contact: Carly Charlson [email protected] Source: Best Buy Co., Inc.

Comparable Sales Decreased 0.8% Diluted EPS of $2.56 Adjusted Diluted EPS of $2.61 Increasing Quarterly Dividend 1% to $0.96 per Share Expects FY27 Adjusted Diluted EPS of $6.30 to $6.60 MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended January 31, 2026 (“Q4 FY26”), as compared to the 13-week fourth quarter ended February 1, 2025 (“Q4 FY25”). Q4 FY26 Q4 FY25 FY26 FY25 Revenue ($ in millions) <p class="bwcellpmargi

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. has appointed Dylan Jadeja, the chief executive officer of Riot Games, to its Board of Directors, effective immediately. Dylan Jadeja (Credit: Riot Games, Inc.) Jadeja has served as the chief executive officer of Riot Games since July 2023 and has been a member of its executive team for more than a decade. Riot Games, a prominent video game developer and publisher, was founded in 2006 with the goal to create and support the most player-focused games in the world. One of the company’s most well-known titles, “League of Legends,” is a prime example of that mission. Jadeja brings to Best Buy’s Board of Directors extensive knowledge and experience across strategy, finance, operations, digital and social content, and of course, the gaming industry. Prior to becoming CEO, Jadeja served in several leadership roles for Riot Games; he joined the company as its chief financial officer in 2011 and later served as its president. Before joining Riot Games, Jadeja was a leader within the Consumer Retail Coverage team at Goldman Sachs. “Dylan’s expertise in consumer brands, digital commerce and serving passionate global player communities will bring critical enhancements to our Board. I’m excited to welcome him to our company,” says Corie Barry, chief executive officer at Best Buy. “I look forward to Dylan’s insights and guidance as we focus deeper on creating seamless omnichannel experiences for our customers and developing new streams of revenue to help fuel our growth.” “I’m honored to have the opportunity to join such a trusted, mission-driven brand that has connected deeply with consumers for nearly 60 years,” says Jadeja. “Best Buy’s evolution into a company that brings new technology to life – in stores, online, and in-home – is incredibly compelling, and I look forward to contributing to the team on that journey.” PRESS CONTACT Carly Charlson [email protected] Source: Best Buy Co., Inc.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on January 6, 2026, to shareholders of record as of the close of business on December 16, 2025. The company had 210,052,339 shares of common stock issued and outstanding as of November 1, 2025. Investor Contact: Mollie O’Brien [email protected] Media Contact: Carly Charlson [email protected] Source: Best Buy Co., Inc.

Comparable Sales Increased 2.7% Diluted EPS of $0.66 Adjusted Diluted EPS of $1.40 Raises FY26 Adjusted Diluted EPS Guidance to $6.25 to $6.35 MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter ended November 1, 2025 (“Q3 FY26”), as compared to the 13-week third quarter ended November 2, 2024 (“Q3 FY25”). Q3 FY26 Q3 FY25 Revenue ($ in millions) Enterprise $ 9,672 <td class="bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignr bwwidth2 bwnowrap" colspan="1" rowspan=