Best Buy/$BBY

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About Best Buy

With over $41 billion in consolidated 2024 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8% share of the North American market and around 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Ticker

$BBY

Primary listing

NYSE

Employees

85,000

Best Buy Metrics

BasicAdvanced
$17B
21.97
$3.63
1.21
$3.79
4.77%

What the Analysts think about Best Buy

Analyst ratings (Buy, Hold, Sell) for Best Buy stock.

Bulls say / Bears say

Best Buy posted FY26 Q2 comparable sales growth of 1.6%, the best showing in three years, outperforming Wall Street’s expectation for a 0.52% decline (Reuters)
Robust online sales and strong demand for AI-powered computers, smartphones, and gaming devices allowed Best Buy to exceed Q2 revenue and earnings estimates, illustrating the strength of its product portfolio (Reuters)
Best Buy offset the effects of rising tariffs with successful supply chain diversification and price increases that were lower than the full tariff amount, enabling it to maintain its full-year FY26 outlook (Reuters)
Best Buy reduced its full-year FY26 same-store sales forecast to a range of down 1% to up 1%, from its previous range of flat to up 2%, signaling softer demand for high-priced items amid ongoing tariff concerns (Reuters)
Tariff-related price hikes and rising borrowing costs are curbing consumer purchases of non-essential electronics, putting future sales growth at risk for Best Buy (Reuters)
Best Buy sources about 30%–35% of its merchandise from China, increasing its vulnerability to U.S. tariffs and geopolitical issues that may squeeze profit margins even further (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 7 Oct 2025.

Best Buy Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Best Buy Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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