Best Buy Q2 FY27: comps up 4.1%, EPS up 70%, outlook raised
Best Buy's fiscal 2027 second quarter beat its own framing: comparable sales rose 4.1%, revenue reached $9.78 billion and adjusted diluted EPS of $1.47 came in 15% above last year. Management then raised full-year guidance on both sales and profit. Read the quarter as a genuine demand improvement, but note that $34 million of tariff refunds and a soft international segment mean the headline margin is better than the underlying one.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $1.48 was up 70% from $0.87, but much of that jump is a comparison quirk, since last year carried $114 million of restructuring charges. On the company's adjusted basis, EPS of $1.47 rose 15% from $1.28, which is the cleaner read. Operating income of $421 million was 4.3% of revenue versus 2.7% a year ago.
Revenue of $9.78 billion rose 3.6% from $9.44 billion a year ago, with enterprise comparable sales up 4.1% and U.S. comparable sales up 4.5%. Most domestic categories grew, with the largest weighted drivers in computing, home theater and emerging categories, while traditional gaming declined. International was the exception: revenue fell 4.2% to $709 million and comparable sales slipped 1.8%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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