March 3, 2026
Best Buy March 3 reported a 0.3% dip in fourth-quarter (ended Jan. 31) same-store entertainment sales, compared with a 10.9% decline in the previous-year period.
The entertainment segment, which includes video game hardware and software, books, music CDs and computer software, saw revenue remain relatively flat at $1.13 billion, or 9% of Best Buy’s domestic revenue of $12.6 billion. That compared with entertainment revenue of $1.14 billion on total revenue of $12.7 billion in the previous-year period.
International entertainment same-store sales dropped 14.8% from 3.9% in the prior year period. Revenue dipped 1% to $123.9 million from $112 million in the prior year period.
“We are pleased to report better-than-expected profitability for the fourth quarter,” CEO Corie Barry said in a statement. “Our overall comparable sales, while within our guidance range, declined 0.8% compared to last year. Our data sources show our overall market share was at least flat, pointing to slightly softer customer demand for our industry during the holiday quarter.”
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