Best Buy Q4 revenue edges down as earnings jump

US electronics retailer Best Buy reported higher net for the 4th fourth (Q4) ending 31 January 2026, adjacent arsenic wide gross edged lower.

Enterprise gross for Q4 FY26 totalled $13.81bn, compared with $13.94bn successful the 4th ending 1 February 2025.

Net net roseate importantly to $541m from $117m.

Gross nett totalled $2.88bn, edging down from $2.91bn a twelvemonth earlier, portion comparable income slipped 0.8%.

Operating income accrued to $721m, lifting the operating borderline to 5.2% of revenue, compared with 1.6% successful the prior-year quarter.

Basic net per stock (EPS) climbed to $2.58 from $0.55 portion diluted EPS accrued to $2.56 from $0.54.

Revenue successful the home conception reached $12.57bn, down from $12.71bn successful the aforesaid 4th past year.

Domestic online gross stood astatine $4.91bn, declining 2.3% connected a comparable ground and representing 39% of home revenue, compared with 39.5% a twelvemonth earlier.

Domestic gross nett complaint was 20.9%, broadly unchanged year-on-year.

The institution said maturation successful Best Buy Ads and Marketplace was mostly offset by little merchandise borderline rates.

International gross was $1.23bn, broadly level compared with Q4 FY25, with a 0.5% summation driven chiefly by favourable overseas speech effects and partially offset by a 1.3% driblet successful comparable sales.

International gross nett complaint declined to 20.5% from 21.4%. For the afloat year, gross was $41.69bn, up from $41.52bn.

Gross nett eased to $9.373bn from $9.385bn, with gross borderline narrowing to 22.5% from 22.6%.

Operating income roseate to $1.389bn from $1.262bn and nett net to $1.069bn from $927m.

Best Buy expects FY27 gross of $41.2bn to $42.1bn and adjusted diluted EPS of $6.30 to $6.60.

Best Buy CEO Corie Barry said: “Our comparable sales, portion wrong our guidance range, declined 0.8% compared to past year. Our information sources amusement our wide marketplace stock was astatine slightest flat, pointing to somewhat softer lawsuit request for our manufacture during the vacation quarter.”

"Best Buy Q4 gross edges down arsenic net jump" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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