• Comparable Sales Declined 10.4%
• GAAP Diluted EPS of $1.22
• Non-GAAP Diluted EPS of $1.38
• Raises Full-Year Guidance
• Resumes Share Repurchases

MINNEAPOLIS, November 22, 2022 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter ended October 29, 2022 (“Q3 FY23”), as compared to the 13-week third quarter ended October 30, 2021 (“Q3 FY22”).

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