NYSE$BBY

Best Buy Co Inc · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

Best Buy reported slightly lower comparable sales but significantly higher GAAP earnings in the fourth quarter of fiscal 2026.

Best Buy delivered Q4 revenue of 13814000000 with enterprise comparable sales down 0.8%, while operating income and GAAP EPS increased significantly year over year due to the absence of prior-year impairment charges.

  • Enterprise comparable sales declined 0.8% year over year.
  • GAAP diluted EPS increased to 2.56 from 0.54 last year.
  • Operating income rose to 721000000 with margin expansion to 5.2%.
  • Domestic revenue declined 1.1% while international revenue increased 0.5%.

Headline financials

Total Revenue

$13.8B

Previous: $13.9B-1.0%
EPS

$2.56

Previous: $2.58-0.8%
Enterprise comparable sales

-0.8%

No prior period
Domestic comparable sales

-0.8%

No prior period
Domestic comparable online sales

-2.3%

No prior period
International comparable sales

-1.3%

No prior period
Net Income

$541M

Previous: $117M+362.4%
Operating Income

$721M

Previous: $217M+232.3%
Gross Profit

$2.88B

Previous: $2.92B-1.2%
Cash & Equivalents

$1.74B

No prior period
Total Assets

$14.7B

No prior period

Revenue & EPS history

Best Buy · Revenue · Quarterly

$13.8B

Q4 2026-1%vs Q4 2025
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Best Buy · $8.94B total across 2 segments · Q1 2027

  • Domestic segment
    $8.25B
  • International segment
    $687M

Forward guidance

For FY27, Best Buy expects revenue between 41200000000 and 42100000000 and adjusted diluted EPS between 6.30 and 6.60.

Tailwinds

  • FY27 adjusted diluted EPS guidance of 6.30 to 6.60.
  • Expected comparable sales range of -1.0% to 1.0%.
  • Adjusted operating income rate guidance of 4.3% to 4.4%.
  • Quarterly dividend increased 1% to 0.96 per share.
  • Planned capital expenditures of approximately 750000000.

Headwinds

  • Enterprise comparable sales declined 0.8% in Q4.
  • Domestic comparable online sales declined 2.3%.
  • International comparable sales declined 1.3%.
  • Domestic revenue decreased year over year.
  • International gross profit rate declined to 20.5%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2026

Historical avgQ4 2026

+0.8%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+0.1%

Avg return

30 days after

51%

36 / 71 earnings

Positive

+20.4%

Q2 2016

Best reaction

-16.8%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026+13.3%+8.3%+4.7%
Q3 2026+4.4%+4.8%-7.8%
Q2 2026-3.8%-1.3%+0.9%
Q1 2026-7.1%-2.3%-4.6%
Q4 2025-13.3%-8.5%-28.3%
Q3 2025-5.2%-3.3%-3.9%
Q2 2025+14.4%+15.0%+16.5%
Q1 2025+18.0%+22.2%+17.2%
Q4 2024-2.2%-4.7%+2.9%
Q3 2024-0.1%+2.1%+11.3%
Q2 2024+2.5%+1.6%-7.0%
Q1 2024+7.5%+6.1%+14.4%
Q4 2023+0.9%-0.3%-5.2%
Q3 2023+16.3%+14.7%+13.6%
Q2 2023-4.1%-3.5%-11.7%
Q1 2023+10.3%+15.7%-1.8%
Q4 2022+5.2%+0.3%-10.4%
Q2 2022+8.7%+4.8%-5.3%
Q1 2022-0.6%-1.8%-3.3%
Q4 2021-11.6%-9.6%+5.1%
Q3 2021-6.7%-7.7%-16.0%
Q2 2021-4.3%-5.2%-10.7%
Q1 2021-5.7%-2.5%-0.4%
Q4 2020-7.9%-6.9%-24.0%
Q3 2020+8.7%+8.6%+18.3%
Q2 2020-7.8%-8.4%-1.1%
Q1 2020-4.7%-5.5%-2.4%
Q4 2019+14.1%+11.2%+17.8%
Q3 2019-0.2%+0.6%-19.0%
Q2 2019-4.9%-2.6%-4.2%
Q1 2019-9.9%-10.2%+0.4%
Q4 2018+0.8%+6.0%-3.4%
Q3 2018-2.6%-2.2%+14.0%
Q2 2018-13.3%-12.8%-9.0%
Q1 2018+17.0%+17.6%+9.4%
Q4 2017+1.6%-0.5%+11.4%
Q3 2017+10.7%+15.2%+16.2%
Q2 2017+20.4%+20.4%+17.3%
Q1 2017-2.8%-2.9%-7.8%
Q4 2016+3.1%
Q3 2016-2.6%
Q2 2016+20.4%
Q1 2016+1.6%
Q4 2015+3.0%
Q3 2015+7.0%
Q2 2015-0.9%
Q1 2015+6.5%
Q4 2014-3.1%
Q3 2014-11.1%
Q2 2014+9.8%
Q1 2014-4.3%
Q4 2013+8.3%
Q3 2013-15.9%
Q2 2013-2.4%
Q1 2013+2.2%
Q4 2012-11.0%
Q3 2012-16.8%
Q2 2012-3.8%
Q1 2012+5.5%
Q4 2011+1.9%
Q3 2011+0.6%
Q2 2011+0.7%
Q1 2010-0.2%
Q1 2011-3.6%
Q4 2010+2.6%
Q4 2008+2.6%
Q3 2010-2.4%
Q3 2009-2.4%
Q2 2010+0.9%
Q2 2009+0.9%
Q4 2009+0.9%

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