Best Buy (BBY) Q1 FY27 earnings call

A sixth straight quarter of stabilized performance, with growth broadening across gaming, computing and newer categories even as appliances lag and product margins stay pressured. The thesis is tilting from pure omnichannel retail toward higher-margin marketplace and advertising profit streams under an incoming CEO, while a memory-cost cycle and a heavy Q2 gaming lap temper the near-term top line against a maintained full-year outlook.