Best Buy Co Inc
The retailer, seen as a bellwether in consumer electronics, said its first-quarter net profit was $136 million, or 35 cents a share, compared with $155 million, or 36 cents a share, a year earlier.
Analysts on average were expecting a profit of 33 cents a share, according to Thomson Reuters I/B/E/S.
Sales rose 1.4 percent to $10.94 billion, beating the analysts average estimate of $10.71 billion.
(Reporting by Dhanya Skariachan; Additional reporting by James Davey in London, editing by Gerald E. McCormick)