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U.S. COMPANY FILING

BEST BUY CO INC — Form 10-K filed 2026-03-18

Filed: 2026-03-18Company: BEST BUY CO INCTicker: BBYExchange: NYSEForm: 10-KReport period: 2026-01-31SEC accession: 0000764478-26-000009Event: earningsMateriality: 85

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Best Buy's fiscal 2026 revenue slightly increased 0.4% to $41.69 billion, with comparable sales up 0.5%. Net earnings rose to $1.07 billion, and diluted EPS was $5.04. Both Domestic and International segments saw comparable sales growth. However, Best Buy Health recorded $171 million in goodwill and intangible impairments due to customer base changes and market pressures. Restructuring charges were $190 million. The company faces tariff uncertainty but maintains investment-grade credit ratings and continues returning cash via dividends and buybacks.

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