Best Buy Co., Inc. (BBY) Q3 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.448 -- 00:00:03.951 Ladies and gentlemen, thank you for standing by. 00:00:03.951 -- 00:00:09.478 Welcome to Best Buy's third quarter fiscal 26 earnings conference call. 00:00:09.478 -- 00:00:13.002 At this time, all participants are in listen-only mode. 00:00:13.002 -- 00:00:16.646 Later, we will conduct a question and answer session. 00:00:16.646 -- 00:00:21.332 At that time, if you have a question, you will need to press star 1 on your phone. 00:00:21.332 -- 00:00:25.176 If you choose to be taken out of the question queue, please press star 1 again. 00:00:25.176 -- 00:00:30.180 As a reminder, This call is being recorded for playback and will 00:00:30.180 -- 00:00:32.983 be available by approximately 1 o'clock p.m. 00:00:32.983 -- 00:00:38.069 Eastern time today. If you need assistance on the call at any time, please press star 00:00:38.069 -- 00:00:41.153 zero and an operator will assist you. 00:00:41.153 -- 00:00:46.797 I will now turn the conference call over to Molly O'Brien, Head of Investor Relations. 00:00:47.080 -- 00:00:51.365 Thank you and good morning, everyone. Joining me on the call today are Corey Berry, our 00:00:51.365 -- 00:00:56.711 CEO. Matt Ballounis, our Chief Financial and Strategy Officer, and Jason Bonfig, 00:00:56.711 -- 00:01:00.056 our Chief Customer, Product, and Fulfillment Officer. 00:01:00.056 -- 00:01:04.583 During the call today, we will be discussing both GAAP and non-GAAP financial measures. 00:01:04.583 -- 00:01:08.849 A reconciliation of these non-GAAP financial measures to the most directly comparable 00:01:08.849 -- 00:01:13.655 GAAP financial measures and an explanation of why these non-GAAP financial measures are 00:01:13.655 -- 00:01:17.881 useful can be found in this morning's earnings release, which is ava...