Best Buy Non-GAAP EPS of $1.28 beats by $0.06, revenue of $9.44B beats by $210M

Published 2 months ago Positive
Best Buy Non-GAAP EPS of $1.28 beats by $0.06, revenue of $9.44B beats by $210M
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* Best Buy press release [https://seekingalpha.com/pr/20214289-best-buy-reports-second-quarter-results] (NYSE:BBY [https://seekingalpha.com/symbol/BBY]): Q2 Non-GAAP EPS of $1.28 beats by $0.06.
* Revenue of $9.44B (+1.6% Y/Y) beats by $210M.
* Shares +2.04% PM.
*
Comparable Sales Increased 1.6%

Diluted EPS of $0.87

*
Reiterates FY26 Adjusted Diluted EPS Guidance of $6.15 to $6.30

*
FY26 Financial Guidance

Best Buy is reiterating the following full-year FY26 financial guidance provided on May 29, 2025:

* Revenue of $41.1 billion to $41.9 billion
* Comparable sales1 of (1.0%) to 1.0%
* Adjusted operating income rate2 of approximately 4.2%
* Adjusted effective income tax rate2 of approximately 25.0%
* Adjusted diluted EPS2 of $6.15 to $6.30
* Capital expenditures of approximately $700 million
*
FY EPS consensus of $6.19

FY revenue consensus of $41.41B

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