AI brief of an SEC Form 8-K · Best Buy (BBY)

Best Buy Q2 comparable sales rise 1.6%; EPS falls to $0.87, FY26 guidance kept

Mixed Impact 3 of 5 earnings Written later

Best Buy reported second-quarter revenue of $9.44 billion, up from $9.29 billion a year earlier, with comparable sales rising 1.6%. Diluted EPS fell to $0.87 from $1.34, and adjusted diluted EPS was $1.28 versus $1.34, after $114 million of restructuring charges. The company kept its FY26 adjusted diluted EPS guidance of $6.15 to $6.30, so shareholders see higher sales but lower profit in the quarter.

Key points

  • Revenue of $9.44 billion versus $9.29 billion a year earlier; enterprise comparable sales rose 1.6% versus a 2.3% decline
  • Diluted EPS of $0.87 versus $1.34; adjusted diluted EPS of $1.28 versus $1.34
  • Restructuring charges of $114 million in Q2 FY26, including approximately $40 million of asset impairments
  • FY26 adjusted diluted EPS guidance of $6.15 to $6.30 reiterated; quarterly dividend of $0.95 per share payable October 9, 2025

The filing

CompanyBest Buy (BBY)
Form8-K, current report
Filed with the SECAug 28, 2025, 7:00 AM ET
Accession number0000764478-25-000035

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.