BEST BUY CO INC is expected to release its Q3 2026 10-Q filing on August 27, 2026. Last quarter: Best Buy delivered Q1 FY2027 revenue growth of 1.9% to $8.936B and net-income growth of 36.6% to $276M, with operating-margin expansion largely reflecting a $9M restructuring benefit versus $109M of prior-year charges. Source: 10-Q Item 2 MD&A, p.17; 10-Q Income Statement (XBRL).
EPS Estimate
$1.35
Revenue Estimate
$9.63B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the BBY page.
Drawn from management commentary in the Q2 2026 10-Q:
Consolidated revenue rose 1.9% to $8.936B and comparable sales increased 2.0%. Management attributed the growth primarily to gaming, computing and mobile phones, supported by technology innovation, omnichannel execution and vendor partnerships; major appliances partially offset the gain. Source: 10-Q Item 2 MD&A, p.17.
Operating income increased to $370M from $219M and the operating margin rose to 4.1% from 2.5%. Management said the improvement was primarily due to lower restructuring charges: the company recorded a $9M reduction in restructuring charges in Q1 FY2027, compared with $109M of charges in the prior-year quarter. Source: 10-Q Item 2 MD&A, pp.17, 21.
Domestic comparable sales increased 1.8%, led by Computing and Mobile Phones (+4.2%), Services (+5.5%) and Entertainment (+38.1%, primarily gaming). Appliances declined 13.6% on a comparable basis, primarily due to large appliances; Domestic online revenue was $2.616B, or 31.7% of segment revenue, with comparable online sales up 1.4%. Source: 10-Q Item 2 MD&A, pp.18-19.
Cost of Revenue
$6.83B
+1.73% YoY
EPS (Diluted)
$1.31
+37.89% YoY
Operating Income
$370M
+68.95% YoY
Add BBY to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.