BRIEF-Best Buy Maintains FY27 Guidance

Best Buy Co.,Inc.

Best Buy Co.,Inc.

BBY

0.00

May 28 (Reuters) - Best Buy Co Inc BBY.N:

  • BEST BUY: MAINTAINS FY27 GUIDANCE

  • BEST BUY FY EARNINGS PER SHARE VIEW $6.48, REVENUE VIEW $41.78 BILLION -- LSEG IBES DATA

  • BEST BUY: COMPARABLE SALES STARTED STRONG IN MAY, WITH MONTH-TO-DATE GROWTH UP HIGH SINGLE DIGITS

  • BEST BUY: MAJOR APPLIANCES SALES PRESSURED FOR SOME TIME; TESTING INITIATIVES TAKING ACTIONS IN Q2 EXPECTED TO IMPROVE RESULTS

  • BEST BUY OUTLOOK Q2 COMPARABLE SALES GROWTH ABOUT 1.0%

  • BEST BUY Q1 ADJUSTED EPS $1.28 VERSUS IBES ESTIMATE $1.23

  • BEST BUY Q1 REVENUE $8.94 BILLION VERSUS IBES ESTIMATE $8.83 BILLION

  • BEST BUY Q1 COMPARABLE SALES GROWTH 2% VERSUS IBES ESTIMATE 0.96%

  • BEST BUY: EXPECTS Q2 ADJUSTED OPERATING INCOME RATE ABOUT 3.9%


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