Best Buy Marketplace and Best Buy Ads are on to a strong start. Over the years, this can help improve margins. Both Domestic and International Comp Sales have been improving for multiple quarters. BBY's drive to reduce SG&A expenses through automation and AI seems to be working.
With Black Friday and the holidays looming, the retail sector is generating a lot of buzz this morning.
BBY tops Q3 estimates with revenues up 1.6% and strong online growth, while margins face pressure from mix shifts.
Are you overwhelmed by Ikea's mazy showrooms? Help is on the way—from a home-electronics chain.
Shares of Best Buy Co., Inc. stock rose ~5% post-earnings, driven by healthier comp sales than expected. BBY enjoyed strong computer sales from the end of support for Windows 10, as well as growth in gaming revenue from the new Nintendo Switch 2. These growth drivers may be more temporary tailwinds, however. Longer term, the company still faces weak appliance sales and lengthening replacement cycles for other devices.
Best Buy Co., Inc. ( BBY ) Q3 2026 Earnings Call November 25, 2025 8:00 AM EST Company Participants Mollie O'Brien - Vice President of Investor Relations Corie Barry - CEO & Director Matthew Bilunas - Senior EVP, Chief Financial & Strategy Officer Jason Bonfig - Senior EVP, Chief Customer, Product & Fulfillment Officer Conference Call Participants Simeon Gutman - Morgan Stanley, Research Division Peter Keith - Piper Sandler & Co., Research Division Joseph Feldman - Telsey Advisory Group LLC Gregory Melich - Evercore ISI Institutional Equities, Research Division Jonathan Matuszewski - Jefferies LLC, Research Division Seth Sigman - Barclays Bank PLC, Research Division Christopher Horvers - JPMorgan Chase & Co, Research Division Anthony Chukumba - Loop Capital Markets LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. Welcome to Best Buy's Third Quarter Fiscal '26 Earnings Conference Call.
The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended October 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Best Buy boosted its full-year outlook and said that consumers are still willing to spend on new tech products, despite a broader focus on finding deals.
Best Buy Co Inc (NYSE:BBY) raised its full-year forecast on Tuesday after stronger demand for new consumer electronics helped the retailer post quarterly revenue and profit ahead of Wall Street expectations. The company reported non-GAAP earnings of $1.40 per share, beating estimates by $0.09, while revenue rose 2.3% from a year earlier to $9.67 billion, surpassing analysts' forecasts by about $80 million.
Best Buy (BBY) came out with quarterly earnings of $1.4 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.26 per share a year ago.
Best Buy reported higher fiscal third-quarter sales and raised its full-year outlook as consumers continue to spend despite concerns that tariffs costs could diminish discretionary spending.
Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices