Best Buy Raises Full-Year Adjusted EPS Guidance to $6.70-$6.90 on 4.1% Comparable Sales Growth

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Best Buy raised its full-year adjusted EPS guidance to $6.70-$6.90 from a previous range of $6.30-$6.60 after second-quarter fiscal 2027 comparable sales rose 4.1% and revenue climbed to $9.78 billion from $9.44 billion a year earlier. Adjusted EPS for the quarter jumped 15% to $1.47. The company, which operates more than 1,000 stores across North America and generated $41.7 billion in revenue in fiscal 2026, pays a quarterly dividend of $0.96 per share, or $3.84 annually, for a yield of about 4.4% against a recent share price near $87. Using the midpoint of management's guidance, that annual dividend represents a payout ratio of about 56%, and dividends consumed less than half of the roughly $952 million in free cash flow the company generated in the first six months of fiscal 2027, when operating cash flow was $1.30 billion and capital expenditures were $344 million. The stock trades at around 13.6 times forward earnings, a forward earnings yield of roughly 7.4%, though Best Buy's operating margin was just 4.3% in the latest quarter.

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Consumer Discretionary▲
Best Buy Co. Inc
BBY
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Best Buy raised full-year adjusted EPS guidance to $6.70-$6.90 after Q2 comparable sales rose 4.1% and adjusted EPS jumped 15%.

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