Best Buy Q2 Earnings Beat Estimates as Comparable Sales Rise 4.1%

Best Buy (BBY) delivered better-than-expected second-quarter fiscal 2027 results with adjusted earnings jumping 70.1% to $1.48 per share and revenues rising 3.6% to $9.78 billion. Domestic comparable sales grew 4.5%, driven by computing, mobile phones, and services. The company raised its full-year fiscal 2027 guidance for revenues, comparable sales, earnings, and adjusted operating margins, citing strong first-half performance and positive momentum.