Best Buy Co.: How Are Strategically Using AI In The Business! 

The first quarter fiscal 2025 earnings by Best Buy Co., Inc. demonstrated some mixed results. On the positive side, it highlighted that the company had better-than-expected Q1 profitability through strong execution and preparation for future growth. The company has been driving improvements in its priorities and its operational metrics. It also grew its paid membership base, implemented various restructuring actions, and has made steady progress on its fiscal ’25 priorities. Also, the company’s non-GAAP operating income rate of 3.8% expanded 40 basis points compared to last year, which indicates that it has been able to successfully maintain profitability amidst a challenging market condition.