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Best Buy — Mar 3, 2026 release

Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000764478-26-000005
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Showing in the filing
Adjusted diluted EPS
“$6.30 to $6.60”
Period
FY2027
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Adjusted diluted EPS for FY2027
“$6.30 to $6.60”
Revenue for FY2027
“$41.2 billion to $42.1 billion”
Comparable sales % change for FY2027
“(1.0%) to 1.0%”
Adjusted operating income rate for FY2027
“4.3% to 4.4%”
Adjusted effective income tax rate for FY2027
“approximately 25.5%”
Capital expenditures for FY2027
“approximately $750 million”
Comparable sales growth for Q1 FY2027
“approximately 1%”
Adjusted operating income rate for Q1 FY2027
“approximately 3.9%”
Share repurchases for FY2027
“approximately $300 million”
Regular quarterly cash dividend
“a 1% increase in the regular quarterly cash dividend to $0.96 per common share”
Exhibit 99.1 · the passage around this item
… earlier in the release
ibit 99 Best Buy Reports Fourth Quarter Results Comparable Sales Decreased 0.8% Diluted EPS of $2.56 Adjusted Diluted EPS of $2.61 Increasing Quarterly Dividend 1% to $0.96 per Share Expects FY27 Adjusted Diluted EPS of $6.30 to $6.60 MINNEAPOLIS, March 3, 2026 -- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended January 31, 2026 (“Q4 FY26”), as compared to the 13-week fourth quarter ended February 1, 2025 (“Q4 FY25”). Q4 FY26 Q4 FY25 FY26 FY25 Revenue ($ in millions) Enterprise $ 13,814  $ 13,948  $ 41,691  $ 41,528  Domestic segment $ 12,575  $ 12,715  $ 38,278  $ 38,238  International segment $ 1,239  $ 1,233  $ 3,413  $ 3,290  Enterprise comparable sales % change 1 (0.8) % 0.5  % 0.5  % (2.3) % Domestic comparable sales % change 1 (0.8) % 0.2  % 0.4  % (2.5) % Domestic comparable online sales % change 1 (2.3) % 2.6  % 1.3  % (0.8) % International comparable sales % change 1 (1.3) % 3.8  % 2.3  % (0.5) % Operating Income Operating income as a % of revenue 5.2  % 1.6  % 3.3  % 3.0  % Adjusted operating income as a % of revenue 5.0  % 4.9  % 4.3  % 4.2  % Diluted Earnings per Share ("EPS") Diluted EPS $ 2.56  $ 0.54  $ 5.04  $ 4.28  Adjusted diluted EPS $ 2.61  $ 2.58  $ 6.43  $ 6.37  For GAAP to non-GAAP reconciliations of the consolidated adjusted measures used throughout this release, please refer to the attached supporting schedule. “We are pleased to report better
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other guidance in this release
Text is the filed exhibit, verbatim.