CE Topped Best Buy’s Q1 Revenue Mix
By Steve Smith -- TWICE, 6/13/2006
Minneapolis – Best Buy reported that during its fiscal first quarter ended May 27 its comp store sales gain was driven by higher revenue from flat-panel televisions, MP3 players and accessories, notebook computers, and computer services. These gains more than offset comparable store sales declines in tube and projection TVs, CDs, desktop computers and printers.
Here’s a breakout of the chain’s performance by product category:
|
Three Months Ended |
|||||
| Revenue Mix Summary | Comp-Store Sales | ||||
| Product Group | 5/27/06 | 5/28/05 | 5/27/06 | 5/28/05 | |
| CE | 43% | 40% | 12.10% | 9.90% | |
| Home Office | 32% | 34% | 2.20% | 0.50% | |
| Entertainment Software | 18% | 20% | -4.30% | 0.30% | |
| Appliances | 7% | 6% | 0.90% | 4.50% | |
| Total | 100% | 100% | 4.90% | 4.40% | |
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