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.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
End of the USDT "Black Box" Era? Tether Undergoes First Four Audits, $184 Billion Reserves Unveiled
-
2
A Guide to Major Global Cryptocurrency Exchanges: Overview and Selection
-
3
Tether (USDT) In-Depth Analysis: Definition, Mechanism, and Market Position of Stablecoins
-
4
Ethereum Cancun Upgrade Concept Coin RDNT: Radiant Capital's Current Status and Technical Analysis
-
5
KINE Token Analysis: Trading Channels and Project Status
-
6
LUNA and LUNC Burning Mechanisms and Latest Developments: An Analysis of the Dual-Token Status in the Terra Ecosystem
-
7
Fantom (FTM) Token Issuance and Circulation Analysis
-
8
ShapeShift FOX Token: Value and Long-Term Outlook Analysis
-
9
OKT Coin: Issuance, Use, and Market Performance of OKT Chain's Native Token
-
10
USDT Trading Platform Selection Guide: Centralized Exchanges and Cost-Risk Considerations
Markets Today
Recommended Reading












