U.S. Markets
Best Buy Co. Inc. (BBY) Q2 2026 (USD); Adj. EPS 1.47 (exp. 1.37), Revenue 9.78bln (exp. 9.58bln)
StockNow breaking-news AI analysis
Best Buy beat Q2 expectations with 4.1% comp sales growth and raised full-year guidance, supported by computing demand, marketplace expansion, and $34 million in tariff refunds.
News detail
Comp sales +4.1%. The higher gross profit rate was primarily driven by growth in Marketplace and Best Buy Ads, and IEEPA tariff refunds of approximately USD 34mln. The previous items were partially offset by lower product margin rates.
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