Best Buy Beats Q2 2027 Estimates, Raises Full-Year Guidance on Strong Sales and B2B Growth
Best Buy reported fiscal Q2 2027 revenue of about $9.78 billion, beating analyst forecasts as comparable sales rose over 4%. Adjusted earnings surged 70% to $1.48 per share, prompting the retailer to lift its full-year revenue, sales and earnings outlook. The company's business‑to‑business segment also posted 21% growth for the tenth consecutive quarter, underscoring broad momentum across its product and service lines.
BBY delivered a strong second quarter of fiscal 2027, posting revenue of $9.78 billion, up 3.6% year over year and ahead of consensus by 2.25% . Adjusted earnings per share jumped 70.1% to $1.48, and the company raised its full-year guidance for revenue, comparable sales, earnings and operating margin on the strength of first-half momentum .
The comparable-sales figure comes in two flavors and they should not be conflated: enterprise comparable sales rose 4.1%, while domestic comparable sales rose 4.5% against a 1.8% estimate, driven by computing, mobile phones and services . International sales fell 1.8%, so the growth in the quarter is a domestic story . Zacks' key-metrics breakdown put the EPS beat at 7.3% and carries a Zacks Rank #3 (Hold) on the stock .
The business-to-business unit added a second data point: sales there grew 21%, the tenth consecutive quarter of growth for the segment. That is the part of the mix least tied to consumer electronics replacement cycles, and it is the reason the guidance raise is not purely a bet on holiday demand.
What to watch into the second half: whether domestic comps hold through the holiday quarter as the compare gets harder, whether B2B can keep scaling at a rate that offsets international softness, and whether the raised operating-margin target survives promotional pressure. This is market analysis, not investment advice.
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