Best Buy Reports Second Quarter Results
Best Buy reported strong Q2 results with enterprise revenue of $9.78 billion and comparable sales growth of 4.1%, driving diluted EPS up 70% year-over-year to $1.48. Buoyed by the performance, the company raised its full-year FY27 guidance, projecting revenue of $42.3 billion to $42.8 billion and adjusted diluted EPS of $6.70 to $6.90, up from prior ranges.
Key figures
- Eps
- 1.48
- Revenue
- 9779000000
- Guidance
- FY27 Revenue $42.3B-$42.8B (raised), Comparable Sales 1.9%-3.0% (raised), Adj EPS $6.70-$6.90 (raised)
- Adjusted eps
- 1.47
- Comparable sales
- 4.1%
- Operating income
- 421000000
- Operating income margin
- 4.3%
AI analysis
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