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CE Topped Best Buy’s Q1 Revenue Mix

6/13/2006 09:51:00 AM Eastern

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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