Best Buy's Fiscal Q2 Adjusted Earnings, Revenue Increase; Lifts Fiscal 2027 Outlook

07:14 AM EDT, 08/27/2026 (MT Newswires) -- Best Buy (BBY) reported fiscal Q2 adjusted earnings Thursday of $1.47 per diluted share, up from $1.28 a year earlier. Analysts polled by FactSet expected $1.39. Revenue for the quarter ended Aug. 1 was $9.78 billion, compared with $9.44 billion a year earlier. Analysts polled by FactSet expected $9.59 billion. The company raised its fiscal 2027 adjusted EPS guidance to $6.70 to $6.90, compared with the prior outlook of $6.30 to $6.60, and expects revenue of $42.30 billion to $42.80 billion, compared with $41.20 billion to $42.10 billion previously. Analysts polled by FactSet expect $6.62 in adjusted EPS on revenue of $42.08 billion. Best Buy shares were down 3.3% in premarket trading.