Best Buy Co. Inc.
BBY - Insider Information
Get informed when a big investor buys or sells
+ FollowMarket Cap$20.06B
Close$
Earnings Call Q2 2027
August 27, 2026 - AI Summary
Q2 beat and strong profitability (good/surprising): Best Buy reported enterprise comparable sales +4.1% YoY (above the company’s “~1%” guidance last quarter), with Q2 revenue of ~$9.8B (+3.6% YoY). Adjusted operating income rate: 4.3% and adjusted diluted EPS: $1.47 (+15% YoY). Domestic online revenue ~$3.0B (+5.1% comp) and 33.1% of domestic revenue. Gross margin improved with ~$34M benefit from tariff refunds; SG&A was higher, largely from incentive comp.
Category momentum & what’s driving it (good): Computing led (10th consecutive quarter of positive comps). Best Buy retail computing team sales +21% YoY; home theater became a major comp driver (highest sales growth since Q2 FY’22). Emerging categories (AI glasses, trading cards, health rings) more than doubled YoY, contributing about ~1 point of comp. Phones had six straight quarters of growth, supported by carrier partnerships and store operating improvements. Major appliances returned to slight full-quarter growth, helped by improved pricing, marketing, delivery speed, and availability.
Demand is “value-focused but spending” + known headwinds (mixed/bad): Management characterized the customer as still spending but value-focused, willing to buy big-ticket products when needed or when innovation hits. Traditional gaming comps declined, primarily because they lapped the Switch 2 launch from June of last year. Computing growth expected to slow in the back half as laps against strong prior periods and Windows 10 end-of-support tailwind from last year.
Exclusive for Stockcircle Pro members
Sign up
$60.54
40.3% downside
Current Fair Value
40.3% downsideOvervalued by 40.3% based on the discounted cash flow analysis.
Insider Trades
Loading insider trades…
Congress Trades
Loading congress trades…
Share Statistics
| Market cap | $20.06 Billion |
|---|---|
| Enterprise Value | $22.85 Billion |
| Annual dividend | $3.83 |
| Dividend yield | 4.00% |
| Earnings per Share | $5.06 |
| Beta | 1.28 |
| Outstanding Shares | 211,300,000 |
Return
| Return on Equity | 34.73% |
|---|---|
| Return on Assets | 7.90% |
| Return on Invested Capital | 24.49% |
Valuation & Multiples
| P/E Ratio | 15.89 |
|---|---|
| PEG | 22.91 |
| Price to Sales | 0.51 |
| Price to Book Ratio | 5.96 |
| Enterprise Value to Revenue | 0.54 |
| Enterprise Value to EBIT | 13.01 |
| Enterprise Value to Net Income | 17 |
| Total Debt to Enterprise | 0.22 |
| Debt to Equity | 1.38 |
Revenue Sources
No data
Last Earnings Call
Report Date
September 1, 2026
EPS Estimate
$1.32
Consensus analyst estimateRevenue Estimate
$9.38 B
Consensus analyst estimateNext Earnings Call
Expected Date
November 24, 2026
EPS Estimate
$1.49
Consensus analyst estimateRevenue Estimate
$9.87 B
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.
| Put/Call Ratio | 0.0000▼ 59.39% |
|---|---|
| Total Calls | -▼ 100.00% |
| Total Puts | 18,100▼ 99.50% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 4.55%▼ 92.09% |
|---|---|
| Total Invested | $822.86M▼ 94.67% |
| Investors Holding | 319▼ 605.00% |
About Best Buy Co. Inc.
125,000 employees
CEO: Corie Barry
Best Buy is a leading provider of technology products, services and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit ou...