And we're one of the leaders in a new public-private partnership called ConnectedMN that will provide computers and Internet access to thousands of youth in our home state. Which is why we talk about things like brand love, we talk about things like safety, because those become the measures by which the brand is valued over time. At that time, the program consisted of highly trained individuals who were strictly going into customers' homes to provide free comprehensive technology consultations. Do the numbers hold … The largest drivers of the expense decline were: One, lower store payroll expense of approximately $100 million. We've been building a phenomenal and flexible supply chain, and have employees in stores that are moving at speed with the customer. This is -- we're kind of in a very uncertain environment for many reasons. Here's what the company did in the fiscal second quarter ended Aug. 1: Nearly every merchandise category grew during the second quarter, with computing, tablets and appliances fueling sales. We are piloting more opportunities for virtual consultations with our blue shirts and in-home consultants, including abilities to share live video. We're still very excited about the category and the experience we create. Q2 FY21 Best Buy Co., Inc. Earnings Call. You noted that your share has largely recovered. Contributor. If you look at promotionality into Q3, we would expect that promotionality to be sequentially up from Q1 and Q2, but still not a year-over-year pressure. Our international SG&A decreased $24 million compared to last year. As a result of the ongoing uncertainty, we are not providing financial guidance today. We will continue to invest in those capabilities that focus on the customer experience over the long-term and that are designed to provide choice, speed and now safety. Over time, this should allow us to deliver a more productive fulfillment model. We took a major step earlier this month by evolving the pay structure for our store employees and raising the starting wage to $15 per hour. In Q2, more than 97% of customers surveyed indicated that we made them feel safe and we believe the credibility we garnered will, over time, contribute to more brand love and thus more revenue. I can't give you the details of quarter to date, but we did talk about the improvement in our television performance. You repaid your entire revolving credit facility. Even when stores opened for customer shopping, online sales growth continued to be extremely strong. We did make some enhancements so you can trade in your old connected device portfolio online because we're trying to be cognizant of what the customer is going to need. Some of the statements we will make today are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. And then a quick follow-up, maybe sticking with the margin, just on gross. Some of the dynamics that benefited Best Buy in the quarter may fade, though, executives said. As Corie mentioned, we expect our Q3 SG&A dollars to be very similar to last year's Q3. So, that combination of learning at home and a lot of parents working from home and can't share devices, have to be able to have your own networks and own devices and own webcams and -- I mean, there's clearly a lot there. Then in the last seven weeks of the quarter, total sales grew 16% compared to the same period last year. In relation to SG&A, we made several cost decisions in Q1, and as we entered Q2 to align with the lower sales and channel trends we were seeing and expecting to continue at that point. We do ship from all our stores not just the hubs, the hubs will be used to ship larger quantities. Our efforts have not gone unnoticed. And when you go through what we saw in Q1, that dramatic change of online sales -- going to online sales, you can't necessarily correct right away in those periods. Best Buy (NYSE:BBY)Q2 2021 Earnings CallAug 25, 2020, 8:00 a.m. So, I hope that gives you a little bit of color. Yeah. The examples I just shared have largely stemmed from our response to the pandemic. These included keeping store employees on furlough, suspending short-term incentives and lower advertising expense. So, we'll continue to peel apart who those customers are. In the same quarter a year ago, Best Buy posted earnings of … Obviously, the stimulus, to some extent, has helped certainly up to this point. Since the beginning of the pandemic, we've worked in partnership with our company founder, Dick Schulze, to provide our employees with emergency financial assistance. We thought that was a category that was going to be well down this year heading into new launches, and it's been performing. And second, making certain we come out of this moment a strong, innovative company. So, I wanted to dig in on some of the category trends that you're seeing in August -- or July and August, whatever you think is a better lens to look at it through. Nice execution here. This idea of tech and touch that we've talked about before, her life experiences in bringing those things together. And so, I think it's less about distinctly calling out categories, Peter, and a little bit more about just the environment that we find ourselves in. Domestic gross profit rate declined 120 basis points to 22.8%. The Zacks Consensus Estimate for second-quarter earnings stands at $1.01… Good morning. We wanted to ask about the acceleration that you're seeing in sales in August. And 60% right now of what we're selling is flowing through our stores in some way, either curbside or in-store pickup or ship from store. And that will be an extended phenomenon as it's going to have kids going back and forth probably some school to work, but we're also seeing people want to entertain. But with a similar SG&A level in Q3, with higher sales, we would expect SG&A leverage to continue in Q3. Certainly, I think that's a good stance to take. Trends across most categories improved materially throughout the quarter as we opened our stores for shopping, especially categories like large appliances and home theater that benefit from more experiential shopping. Enterprise comparable sales growth was 5.8% despite the fact that our stores were open by appointment only for the first six weeks of the quarter. For Best Buy Health, our focus on digital health, in particular helping seniors live more independently with our unique combination of tech and touch, has become even more relevant as the world responds to the pandemic and concepts like telehealth become more mainstream. Best Buy (BBY) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.09 per share. So, with those two included, we still have store labor hours that are slightly lower than last year. So, it's a little bit the best of both worlds, which is why we're so experientially focused on creating the environment, both safety and choice, that will make us appealing for all customers. We anticipate that our Q3 gross profit rate will continue to be pressured compared to last year, as we expect online sales will continue to be a higher percentage of our overall sales mix compared to the prior year. About more points of presence and a different ability to support same next-day. 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