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Best BuyBBY

Legal name
Best Buy Co., Inc.
Sector
Technology
Industry
Retail-Radio, Tv & Consumer Electronics Stores
Exchange
NYSE

Stock Price $BBY

Latest filings

You are here#39 of 41 in Consumer Discretionary by market cap

Filing record · 2016–202610-K1110-Q328-K109

BBY filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 109 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jun ’16Jun ’16
  2. Leadership change8-K · Apr ’19Apr ’19
  3. Material agreement8-K · May ’21May ’21
  4. Leadership change8-K · Sep ’25Sep ’25

01—Key figures

Source: 10-KFY2026
Source: 10-KFY2026
Source: 10-KFY2026
Source: 10-KFY2026

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $41.69B
YoY changeLargest recent move−10.6%in FY23Latest +0.4%

Latest bar from 10-KFY2026Click a bar to open its SEC filing

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All BBY Financial Metrics58 metrics

Income Statement12

Balance Sheet26

Cash Flow15

Per Share5

02—Overview

Best Buy Financial Overview 2022–2026

Updated Nov 4, 2026

Best Buy's diluted EPS fell from $9.84 in FY2022 to $4.28a in FY2025, a 56% drop in three years, yet the company still earned $1.07 billion in FY2026. The core thesis: this is a post-pandemic reset that appears to have bottomed. Sales have stopped shrinking, and the largest earnings drags are now one-time charges rather than operating weakness.

The long arc is stark. Revenue slid from $51.76 billion in FY2022 to $41.69 billionb in FY2026, with comparable sales falling 9.9% in FY2023 and 6.8% in FY2024. Then the trend flipped: FY2026 revenue edged up from $41.53 billion, and comparable sales grew 0.5%. Operating income rose to $1.39 billion from $1.26 billion, even after $190 million of restructuring and $171 million of impairments. Adjusted EPS reached $6.43, versus $6.37 in FY2025. Gross margin improved to 22.6% in FY2025 from 22.1%, helped by services and memberships.

The balance sheet is steady. FY2026 closed with $1.74 billionc in cash against $1.18 billion of long-term debt, and the company returned $1.07 billion to shareholders. The market has priced in the damage: the stock closed at $85.86 on January 31, 2025, or 20.1x earnings, then at $65.10 on January 30, 2026, or 12.9x earnings. Momentum has continued, with Q2 FY2027 comparable sales up 4.1% and full-year EPS guidance raised to $6.70–$6.90.

Recent Developments (Q1 and Q2 2027)

Leadership turned over as results improved. CFO Matt Bilunas left on July 31, 2026, and Anne Bramman, formerly of Nordstrom, joins as CFO on August 19, 2026. Jason Bonfig succeeds Corie Barry as CEO on November 1, 2026. Operating margin rose to 4.3% in Q2 2027 from 2.7%, and Q2 revenue reached $9.78 billiond, up from $9.44 billion. Comparable sales accelerated from 2.0% in Q1 to 4.1% in Q2. Restructuring swung to a $6 million net benefit from a $114 million charge. Tariff refunds added $34 million in Q2, with $41 million more due in Q3.

The bull case: guidance rose, cash reached $2.26 billione, and marketplace and ads lift gross margin. The bear case: Q1 appliances fell 13.6%, Q2 International revenue fell 4.2%, and part of the margin gain is one-time refunds. At 17.9x earnings as of the September 3, 2026 report date, the stock is priced above its January multiple, not today's.

What to watch: Bonfig's four growth priorities after November 1; the margin once tariff refunds fade

03—Filings

Recent SEC Filings

  1. 8-KBest Buy 8-K Report, Financial Results (Aug 27, 2026)Best Buy Co., Inc. reported second-quarter fiscal 2027 results for the 13 weeks ended August 1, 2026, with enterprise revenue of $9,779 million, up from $9,438 million a year earlier, and enterprise comparable sales growth of 4.1%. Diluted EPS rose to $1.48 from $0.87, and adjusted diluted EPS rose to $1.47 from $1.28. Domestic comparable sales grew 4.5%, led by computing, home theater and emerging categories such as AI glasses and trading cards, while International comparable sales declined 1.8%. Domestic gross profit rate improved to 24.0% from 23.4%, aided by Marketplace and Best Buy Ads growth and approximately $34 million of IEEPA tariff refunds, while restructuring charges swung to a $6 million reduction from $114 million a year earlier. The company raised its FY27 guidance. Revenue is now expected at $42.3 billion to $42.8 billion (prior $41.2 billion to $42.1 billion), comparable sales at 1.9% to 3.0% (prior (1.0%) to 1.0%), and adjusted diluted EPS at $6.70 to $6.90 (prior $6.30 to $6.60). The adjusted operating income rate guidance is 4.4% to 4.5%, and capital expenditures of approximately $750 million are unchanged. For Q3 FY27, the company expects comparable sales of 1.0% to 3.0% and an adjusted operating income rate of 4.1% to 4.2%. The filing also discloses a leadership transition: CEO Corie Barry is wrapping up her remaining months, and Jason Bonfig, currently Chief Customer, Product and Fulfillment Officer, becomes CEO effective November 1, 2026. Capital returns in the quarter totaled $239 million, including $203 million in dividends and $36 million in share repurchases, and the board declared a regular quarterly dividend of $0.96 per share payable October 8, 2026.
  2. 8-KBest Buy 8-K Report, Executive Changes (Aug 3, 2026)Best Buy Co., Inc. (NYSE: BBY) announced on August 3, 2026 that Anne Bramman has been appointed Executive Vice President and Chief Financial Officer, effective August 19, 2026. She will report to incoming CEO Jason Bonfig, who will succeed current CEO Corie Barry on November 1, 2026. Bramman previously served as chief financial and growth officer of Circana, Inc. (June 2023 to August 2024) and as CFO of Nordstrom, Inc. (June 2017 to December 2022), and currently sits on the boards of Morningstar, Inc. and McCormick & Company. Effective August 1, 2026, Corie S. Barry was named Interim CFO until Bramman assumes the role on August 19. Barry, who is also CEO and will remain in that role until Bonfig takes over, previously served as the Company's CFO from 2016 to 2019. No new compensation or severance agreements were entered into for Barry's interim appointment. Bramman's compensation package includes an annual base salary of $950,000, a fiscal 2027 short-term incentive target of 150% of base salary, fiscal 2027 equity awards with a grant date value of $3,250,000, a $500,000 sign-on cash award, and a $1,250,000 sign-on equity award in time-based restricted shares, plus relocation benefits. The filing states that Best Buy generated more than $41.6 billion in revenue in fiscal 2026 and operates more than 1,000 stores across North America.
  3. 8-KBest Buy 8-K Report, Executive Changes (Jun 22, 2026)Best Buy Co., Inc. (NYSE: BBY) reported in this Form 8-K, filed June 22, 2026, under Item 5.02 that Matt Bilunas, Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy, will depart the company effective July 31, 2026. Upon his departure, he will receive separation benefits under the Company's ERISA plan, as described in the Company's Definitive Proxy Statement filed April 30, 2026. The accompanying press release (Exhibit 99.1) states that Best Buy has engaged an external search firm and expects to name a successor with previous CFO experience. Corie Barry, the current CEO who previously served as CFO, will provide financial oversight during the transition if needed. The release also notes that Jason Bonfig will become the company's sixth CEO on November 1, 2026. Bilunas served as CFO for seven years and joined Best Buy in July 2006, with a 20-year tenure at the company. The release describes Best Buy as the world's largest specialty consumer electronics retailer and states it generated $41.7 billion of revenue in fiscal 2026. For investors, the key takeaways are a leadership transition in the finance function, with the CFO role to be filled externally, coinciding with a CEO handover scheduled for November 1, 2026. The filing does not describe the financial impact of the transition or any changes to reported results.
  4. 8-KBest Buy 8-K Report, Shareholder Vote Results (Jun 17, 2026)Best Buy Co., Inc. reported the results of its Regular Meeting of Shareholders, held June 12, 2026. Of the 210,695,187 shares of common stock issued and outstanding at the April 13, 2026 record date, 192,047,934 shares were represented in person or by proxy, which constituted a quorum. Shareholders elected all 13 director nominees to one-year terms. Each nominee received more votes for than against, though the margins varied. Corie S. Barry received 174,219,448 votes for, while Meghan C. Frank received 151,714,690 for and 23,937,869 against. Shareholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending January 30, 2027, with 178,210,655 votes for and 13,484,723 against. Shareholders approved, on a non-binding advisory basis, the executive compensation of the company, with 156,029,981 votes for and 19,570,647 against. A shareholder proposal titled "Report on Risks of Non-Fiduciary Executive Compensation Metrics" was rejected, receiving 2,717,793 votes for and 172,239,179 against. A second shareholder proposal, "Sustainability ROI Report," was not voted on because neither the proponent nor a qualified representative appeared at the meeting to present it.
  5. 8-KBest Buy 8-K Report, Financial Results (May 28, 2026)Best Buy Co., Inc. (NYSE: BBY) reported first-quarter fiscal 2027 results for the 13 weeks ended May 2, 2026. Revenue was $8.94 billion, up from $8.77 billion a year earlier, with enterprise comparable sales growth of 2.0% versus a decline of (0.7%) last year. GAAP diluted EPS rose to $1.31 from $0.95, and adjusted diluted EPS was $1.28 versus $1.15. Operating income as a percentage of revenue was 4.1%, compared with 2.5% a year ago, and adjusted operating income as a percentage of revenue was 4.1% versus 3.8%. The prior-year quarter included $109 million of restructuring charges tied to the Best Buy Health business, while this quarter recorded a $9 million reduction to restructuring charges. Management reiterated its full-year FY27 guidance from March 3, 2026, including revenue of $41.2 billion to $42.1 billion, comparable sales of (1.0%) to 1.0%, an adjusted operating income rate of 4.3% to 4.4%, and adjusted diluted EPS of $6.30 to $6.60. The CFO said month-to-date comparable sales in May were up high single digits, and guided second-quarter comparable sales to approximately 1.0% growth and the adjusted operating income rate to approximately 3.9%. The company also announced that CEO Corie Barry will step down later this year, with Jason Bonfig, currently Chief Customer, Product and Fulfillment Officer, becoming CEO effective November 1, 2026. The filing also discloses a reclassification of certain revenue categories beginning in Q1 FY27, moving credit card revenue and digital content revenue into services revenue. Total revenue, total comparable sales, net earnings and cash flows are unaffected, and prior periods have been recast. The board declared a regular quarterly dividend of $0.96 per share, payable July 9, 2026, to holders of record on June 18, 2026.
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04—See also

Related Companies

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