Best Buy backs FY26 adjusted EPS view $6.15-$6.30, consensus $6.19

Backs FY26 revenue view $41.1B-$41.9B. consensus $41.41B. Backs FY26 comparable sales view down 1% to up 1%. Backs FY26 capital expenditures view $700M. Sees Q3 comparable sales similar to Q2. “For Q3, we expect comparable sales growth to be similar to what we just delivered in Q2 and the adjusted operating income rate to be similar to last year’s Q3 3.7% rate,” continued Bilunas. “We feel good about our Q2 results and increasingly confident about our plans for the back half of the year. Given the uncertainty of potential tariff impacts in the back half, both on consumers overall as well as our business, we feel it is prudent to maintain the annual guidance we provided last quarter. At this point, we do believe we are trending toward the higher end of our sales range.”