Best Buy ($BBY) Raises FY27 Outlook After Strong Q2 Results
Best Buy (BBY) has raised its full-year 2027 outlook following strong second-quarter results. For Q2, the company reported adjusted EPS of $1.47, up 15% year-over-year, and revenue of $9.78 billion, up 3.6% year-over-year. Comparable sales increased by 4.1%, and adjusted operating margin was 4.3% compared to 3.9% a year ago. The company now expects FY27 adjusted EPS to be $6.70–$6.90, up from the previous guidance of $6.30–$6.60. FY27 revenue guidance was raised to $42.3 billion–$42.8 billion, and comparable sales are now projected to increase by 1.9%–3.0%. Best Buy also declared a dividend of $0.96 per share and plans approximately $300 million in buybacks for FY27.
Source:X@DeItaone · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
PINU Coin Analysis: An Overview of Pi INU, Pulse Inu, and Piccolo Inu Projects
-
2
OKX and Okcoin Platforms: Download, Evolution, and Core Function Analysis
-
3
Current State of Virtual Currency Regulation in Mainland China and an Overview of Major Global Trading Platforms
-
4
Elon Musk's X Platform Crypto Payment Progress: Analysis of Dogecoin, Bitcoin, and stablecoin Market Impact
-
5
May 2026 Crypto Market Review: Bitcoin Fluctuates Around $77,000 Amid Continuous ETF Outflows and Geopolitical Impacts
-
6
SYNCBRAIN (SYNC) Token Status: Trading Market and Usability Analysis
-
7
Bitcoin Transaction Process Explained: From Initiation to Confirmation
-
8
Blockchain's Core Pillars: Decentralization, Transparency, and Immutability
-
9
RFG Coin Analysis: Distinguishing Between Homonymous Tokens and Discussing Price Influencing Factors
-
10
What is KSM? An Analysis of the Kusama Network and the Role of its Native Token, KSM
Markets Today
Recommended Reading












