Best Buy reports Q2 sales growth and raises FY27 earnings guidance

Best Buy reported second-quarter revenue of $9.779 billion for the 13 weeks ended August 1, 2026, up from $9.438 billion a year earlier, while comparable sales increased 4.1% and adjusted diluted EPS rose 15% to $1.47. The company raised FY27 guidance for comparable sales to 1.9%-3.0%, revenue to $42.3-$42.8 billion and adjusted diluted EPS to $6.70-$6.90; it also announced a quarterly dividend of $0.96 per share payable October 8, 2026, with Jason Bonfig set to become CEO on November 1, 2026.