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Best Buy reports Q3 adjusted EPS $1.40, consensus $1.31

Reports Q3 revenue $9.67B, consensus $9.59B. Reports Q3 comparable sales up 2.7%. “We are pleased to report better-than-expected sales and adjusted operating income rate for the third quarter,” said Corie Barry, Best Buy (BBY) CEO. “Our comparable sales grew 2.7% as we continued to drive strong results across computing, gaming and mobile phones. We delivered sales growth across both online and stores, saw continued improvements in customer experience ratings and launched our Best Buy Marketplace.”

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