earnings
confidence high
sentiment positive
materiality 0.85
Best Buy Q2 FY27 EPS $1.48 (up 70%), comp sales +4.1%, raises FY guidance
BEST BUY CO INC
- Q2 revenue $9.78B, up from $9.44B; domestic comp sales +4.5%, online +5.1%.
- Adjusted diluted EPS $1.47 vs $1.28 prior year; GAAP diluted EPS $1.48 vs $0.87.
- FY27 guidance raised: comp sales +1.9% to 3.0% (prior -1.0% to +1.0%); adjusted EPS $6.70-$6.90 (prior $6.30-$6.60).
- Dividend maintained at $0.96/share quarterly, payable Oct 8, 2026 to holders of record Sep 17.
- CEO transition: Jason Bonfig named incoming CEO effective Nov 1, 2026; Corie Barry comments on strong quarter.