Best Buy Reports First-Quarter Net Earnings of $192 Million, or $0.39 per Diluted Share

MINNEAPOLIS, June 19, 2007 — Best Buy Co., Inc. (NYSE: BBY) today reported net earnings of $192 million, or $0.39 per diluted share, for its fiscal first quarter ended on June 2, 2007. The leading consumer electronics retailer’s earnings decreased 18 percent from $234 million, or $0.47 per diluted share, from the prior-year first quarter.

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Best Buy Reports First-Quarter Net Earnings of $192 Million, or $0.39 per Diluted Share

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