secwatch.observer — SEC 8-K summary
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Issuer:     BEST BUY CO INC (BBY)
CIK:        0000764478
Form:       8-K
Filed at:   2026-08-27T11:00:56+00:00
Accession:  0000764478-26-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Best Buy Q2 FY27 EPS $1.48 (up 70%), comp sales +4.1%, raises FY guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764478/000076447826000037/0000764478-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764478/000076447826000037/bby-20260827.htm
  HTML page:      https://secwatch.observer/filing/0000764478-26-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer