U.S. COMPANY FILING
BEST BUY CO INC — Form 10-Q filed 2025-09-05
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Best Buy reported Q2 FY2026 revenue of $9.438 billion, up 1.6% YoY, with comparable sales up 1.6%, driven by gaming, computing, and mobile phones. Net earnings fell to $186 million from $291 million, with diluted EPS of $0.87, due to higher restructuring charges. The company initiated labor and store optimization and Best Buy Health/China sourcing initiatives, incurring $114 million in restructuring charges. Online revenue grew 5.1%.
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