Public Event Detail
Best Buy Co., Inc. (NYSE:BBY) Q4 2026 Earnings Call Transcript
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Event summary
Best Buy Co., Inc. (BBY) reported better-than-expected profitability for Q4 fiscal 2026, with adjusted EPS of $2.61 and revenue of $13.8 billion, despite a 0.8% comparable sales decline. The company highlighted strong performance in computing and mobile phones, growth in emerging categories like AI glasses, and reaffirmed its commitment to strategic initiatives like its marketplace and advertising arms. For fiscal 2027, Best Buy projects comparable sales growth between -1% and +1% and plans continued investment in omnichannel experiences and efficiency drives, while navigating a mixed macroeconomic environment and memory component cost pressures.