Best Buy lifts full-year outlook after strong Q2 as Bonfig prepares to lead
TL;DR Summary
Best Buy topped expectations in Q2, raising its full-year outlook as comparable sales rose 4.1% and adjusted earnings beat, with Q2 revenue of $9.78B and adjusted EPS of $1.47; the retailer now sees FY revenue of $42.3B-$42.8B and adjusted EPS of $6.70-$6.90, as incoming CEO Jason Bonfig takes the helm on Nov. 1 and the company emphasizes AI and smaller-format stores to sustain growth amid tariff-driven costs.
- Best Buy tops quarterly estimates, raises outlook as computing shows strength CNBC
- Best Buy Raises Outlook on Demand for Computers, Mobile Devices Bloomberg.com
- Best Buy Raises Outlook as Sales Grow WSJ
- Best Buy Reports Q2 FY27 Results Best Buy Corporate
- (BBY) Best Buy Expects Fiscal 2027 Adjusted EPS Range $6.70 to $6.90, vs. FactSet Est $6.62 marketscreener.com
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