#BestBuyQ2RevenueTopsEstimatesLiftsOutlook CEO Transition Amid Raised FY27 Guidance
• Q2 comp sales +4.1% YoY; Adjusted Diluted EPS $1.47 (+15% YoY); FY27 Adj. EPS guidance raised to $6.70–$6.90 from $6.30–$6.60.
• Domestic gross margin +60bps to 24.0%; driven by Marketplace, Best Buy Ads growth, and ~$34M IEEPA tariff refunds partially offset by lower product margins.
• Incoming CEO Jason Bonfig (effective Nov 1, 2026) is already driving guidance raises; leadership transition risk coincides with critical H2 execution window $XOS.US $ACE $PUMP
• Q2 comp sales +4.1% YoY; Adjusted Diluted EPS $1.47 (+15% YoY); FY27 Adj. EPS guidance raised to $6.70–$6.90 from $6.30–$6.60.
• Domestic gross margin +60bps to 24.0%; driven by Marketplace, Best Buy Ads growth, and ~$34M IEEPA tariff refunds partially offset by lower product margins.
• Incoming CEO Jason Bonfig (effective Nov 1, 2026) is already driving guidance raises; leadership transition risk coincides with critical H2 execution window $XOS.US $ACE $PUMP