MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.96 per common share. The quarterly dividend is payable on October 8, 2026, to shareholders of record as of the close of business on September 17, 2026. The company had 210,378,803 shares of common stock issued and outstanding as of August 1,...
Best Buy is reaching customers in new ways, both in stores and online, executives said Thursday (Aug. 27) during the specialty consumer electronics retailer's quarterly earnings call. Best Buy has begun rolling out a new conversational artificial intelligence assistant called Ask Blue.
Best Buy Co Inc (NYSE:BBY) raised its annual sales and profit forecast on Thursday after posting second-quarter results that topped Wall Street expectations, even as shares fell 5%. The consumer electronics retailer reported revenue of $9.8 billion for the quarter, above analyst estimates of $9.59 billion and up 4% from a year earlier.
The company now forecasts full-year adjusted earnings per share of $6.70 to $6.90, up from its prior guidance of $6.30 to $6.60.
Best Buy raised its full-year sales forecast, banking on resilient demand for technology upgrades and replacements despite cautious consumer spending.
Best Buy raised its full fiscal year outlook on Thursday after reporting a stronger-than-expected first half performance. The earnings come as the retailer is turning around its business and preparing to operate under incoming CEO Jason Bonfig.
MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week second quarter ended August 1, 2026 (“Q2 FY27”), as compared to the 13-week second quarter ended August 2, 2025 (“Q2 FY26”).