Brief: Best Buy Maintains FY27 Guidance

Best Buy

28/05/2026 12:00

May 28 (Reuters) - Best Buy Co Inc BBY.N:
BEST BUY: MAINTAINS FY27 GUIDANCE
BEST BUY FY EARNINGS PER SHARE VIEW $6.48, REVENUE VIEW $41.78 BILLION -- LSEG IBES DATA
BEST BUY: COMPARABLE SALES STARTED STRONG IN MAY, WITH MONTH-TO-DATE GROWTH UP HIGH SINGLE DIGITS
BEST BUY: MAJOR APPLIANCES SALES PRESSURED FOR SOME TIME; TESTING INITIATIVES  TAKING ACTIONS IN Q2 EXPECTED TO IMPROVE RESULTS
BEST BUY OUTLOOK Q2 COMPARABLE SALES GROWTH ABOUT 1.0%
BEST BUY Q1 ADJUSTED EPS $1.28 VERSUS IBES ESTIMATE $1.23
BEST BUY Q1 REVENUE $8.94 BILLION VERSUS IBES ESTIMATE $8.83 BILLION
BEST BUY Q1 COMPARABLE SALES GROWTH 2% VERSUS IBES ESTIMATE 0.96%
BEST BUY: EXPECTS Q2 ADJUSTED OPERATING INCOME RATE ABOUT 3.9%

 ((Reuters.Briefs@thomsonreuters.com))