Best Buy Co., Inc. - Best Buy Reports Fourth Quarter Results
Reported adjusted diluted EPS of $2.61, beating the consensus estimate of $2.47.
Best Buy Co., Inc. (NYSE: BBY) recently reported fourth-quarter fiscal 2026 results that exceeded profitability expectations despite a mixed consumer electronics market. The company is currently focused on leveraging artificial intelligence (AI) and expanding its digital marketplace to drive future growth. best buy investors
Decreased by 0.8%, which was within management's guidance range.
Management provided the following targets for the upcoming fiscal year: Between $41.2 billion and $42.1 billion. Adjusted Diluted EPS: Range of $6.30 to $6.60. Comparable Sales: Expected to range from (1.0%) to 1.0%. Capital Expenditures: Approximately $750 million. Analyst Consensus & Market Sentiment Best Buy Co
Returned $1.07 billion to shareholders in fiscal 2026 through $801 million in dividends and $273 million in share repurchases.
Generated $13.81 billion, slightly missing analyst projections of $13.96 billion. Management provided the following targets for the upcoming
Management expects to spend approximately $300 million on share repurchases during fiscal 2027. Future Outlook (Fiscal 2027 Guidance)