Best Buy Co., Inc. (BBY) CEO Corie Barry on Q2 Fiscal Year 2022 Results - Earnings Call Transcript

Aug. 24, 2021 1:00 PM ETBest Buy Co., Inc. (BBY) StockBBY
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Q2: 2021-08-24 Earnings Summary

EPS of $2.98 beats by $1.09
 | Revenue of $11.85B (19.57% Y/Y) beats by $313.13M

Best Buy Co., Inc. (NYSE:BBY) Q2 2022 Fiscal Year Earnings Conference Call August 24, 2021 8:00 AM ET

Company Participants

Corie Barry – CEO
Matt Bilunas – CFO
Mollie O’Brien – Vice President of Investor Relations

Conference Call Participants

Steven Forbes – Guggenheim Securities
Peter Keith – Piper Sandler
Michael Lasser – UBS
Karen Short – Barclays
Brad Thomas – KeyBanc Capital Markets
Scott Mushkin – R5 Capital

Operator

Welcome to our Fiscal Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question and answer session. At that time, [Operator instructions]. As a reminder, this call is being recorded for playback and will be available by approximately 11 A.M. Eastern Time today. If you need assistance on the call at any time, [Operator Instructions] and the Operator will assist you. I will now turn the conference call over to Mollie O'Brien, Vice President of Investor Relations, please go ahead.

Mollie O’Brien

Thank you and good morning everyone. Joining me on the call today are Corie Barry, our CEO, and Matt Bilunas, our CFO. During the call today, we will be discussing both GAAP and non-GAAP financial measures. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, and an explanation of why these non-GAAP financial measures are useful, can be found in this morning's earnings release, which is available on our website, investors. bestbuy.com.

Some of the statements we will make today are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may address the financial condition, business initiatives, growth plans, investments, and expected performance of the Company and are subject to risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

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