Best Buy Q2 Beats: Comparable Sales +4.1%, EPS +70%, FY27 Guidance Raised
BBY sits 60% above its 52-week low of $55.1.
Summary
Best Buy reported Q2 FY27 results that beat expectations, with comparable sales up 4.1% and diluted EPS up 70% to $1.48. The company raised full-year revenue, comparable sales, and adjusted EPS guidance.
Key Events · Earnings and Guidance · BBY
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Q2 Comparable Sales +4.1%
Enterprise comparable sales rose 4.1% in Q2 FY27, up from 1.6% a year ago, driven by computing, home theater, and emerging categories like AI glasses and trading cards.
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Diluted EPS Up 70% to $1.48
Diluted EPS increased 70% year-over-year to $1.48, while adjusted diluted EPS rose 15% to $1.47, exceeding expectations.
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FY27 Guidance Raised Across the Board
Revenue guidance raised to $42.3B–$42.8B (from $41.2B–$42.1B), comparable sales to 1.9%–3.0% (from (1.0%)–1.0%), and adjusted diluted EPS to $6.70–$6.90 (from $6.30–$6.60).
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Q3 Comparable Sales Expected 1.0%–3.0%
Management guided Q3 FY27 comparable sales to 1.0%–3.0% and adjusted operating income rate to 4.1%–4.2%.
Analysis · BBY · Trade & Services
A strong second quarter saw comparable sales climb 4.1% and diluted EPS jump 70% to $1.48, beating expectations. Management raised full-year revenue, comparable sales, and adjusted EPS guidance, signaling confidence in sustained demand. The results come as the stock trades near its 52-week high, and the raised guidance provides a concrete basis for the recent rally. The only soft spot is international comparable sales, which declined 1.8%.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BBY was trading at $88.10 on NYSE in the Trade & Services sector, with a market capitalization of approximately $18.4B. The 52-week trading range was $55.10 to $91.27. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.