Aug 27, 7:00 AM ET
Best Buy reported second-quarter fiscal 2027 revenue of $9.78 billion, up from $9.44 billion a year earlier, and diluted EPS of $1.48, up from $0.87. The company raised its full-year FY27 adjusted diluted EPS guidance to $6.70 to $6.90 from $6.30 to $6.60, and also announced that Jason Bonfig will succeed Corie Barry as CEO effective November 1, 2026.
- Q2 enterprise comparable sales rose 4.1%, with Domestic up 4.5% and International down 1.8%.
- Diluted EPS was $1.48 versus $0.87; adjusted diluted EPS was $1.47 versus $1.28.
- FY27 revenue guidance raised to $42.3 billion to $42.8 billion from $41.2 billion to $42.1 billion.
- Quarterly dividend of $0.96 per share is payable October 8, 2026, to holders of record on September 17, 2026.
Read the filing on SEC.gov ↗
Aug 3, 4:08 PM ET
Best Buy said Anne Bramman, a former CFO of Nordstrom and Circana's former chief financial and growth officer, will become executive vice president and chief financial officer on August 19, 2026. Corie Barry, the current CEO, will serve as interim CFO from August 1 until then, and Jason Bonfig will succeed Barry as CEO on November 1, 2026, so shareholders will see a new CFO and CEO within a few months.
- Anne Bramman, age 58, will be CFO effective August 19, 2026, reporting to incoming CEO Jason Bonfig.
- Bramman's annual base salary is $950,000, with a target short-term incentive of 150% of base salary for fiscal 2027.
- Bramman's fiscal 2027 equity grant has a value of $3,250,000, plus a $500,000 sign-on cash award and a $1,250,000 sign-on equity award.
- Corie Barry was named interim CFO effective August 1, 2026, and will remain CEO until Bonfig succeeds her on November 1, 2026.
Read the filing on SEC.gov ↗
Jun 22, 4:10 PM ET
Best Buy said CFO Matt Bilunas will leave the company effective July 31, 2026, after 20 years with the company, including seven as CFO. The company has engaged an external search firm and expects to name a successor with previous CFO experience, while CEO Corie Barry may provide financial oversight during the transition if needed. The CFO change comes ahead of Jason Bonfig taking over as CEO on November 1, 2026.
- Matt Bilunas, Senior EVP, CFO and Enterprise Strategy, departs effective July 31, 2026
- Best Buy has engaged an external search firm and expects a successor with prior CFO experience
- Jason Bonfig becomes the company's sixth CEO on November 1, 2026
- Bilunas will receive separation benefits under the ERISA plan described in the April 30, 2026 proxy statement
Read the filing on SEC.gov ↗
May 28, 7:00 AM ET
Best Buy reported first-quarter fiscal 2027 revenue of $8,936 million, up from $8,767 million a year earlier, with comparable sales up 2.0% and diluted EPS of $1.31 versus $0.95. The company reiterated its full-year adjusted diluted EPS guidance of $6.30 to $6.60, and said CEO Corie Barry will step down later this year, with Jason Bonfig becoming CEO effective November 1, 2026.
- Revenue of $8,936 million versus $8,767 million; enterprise comparable sales up 2.0%
- Diluted EPS $1.31 versus $0.95; adjusted diluted EPS $1.28 versus $1.15
- FY27 adjusted diluted EPS guidance of $6.30 to $6.60 reiterated; Q2 comparable sales outlook of approximately 1.0%
- Jason Bonfig to become CEO effective November 1, 2026; Corie Barry to step down later this year
Read the filing on SEC.gov ↗
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