Best Buy Co Inc (BBY) reported earnings per share (EPS) of $1.40 for the third quarter of fiscal 2026, surpassing Wall Street's consensus estimate of $1.32 by $0.08. Revenue matched expectations at $9.7 billion.
The company's performance reflects its operational strength within the retail sector, particularly in consumer technology products and services. Best Buy operates primarily in the U.S. and Canada, employing 85,000 full-time staff across its Domestic and International segments.
The earnings conference call is scheduled for tomorrow morning, where management will discuss these results and provide insights into business performance.
Investors may find value in reviewing the full earnings release and management's commentary for a comprehensive understanding of the quarter's performance and future outlook. Best Buy's market capitalization stands at $16.0 billion, with a trailing P/E ratio of 20.53 and a dividend yield of 510.9%. Upcoming earnings are anticipated on May 27, 2026, with EPS estimated at $1.26 and revenue at $9.0 billion.