NYSE:BBYSpecialty Retail
Is Best Buy's (BBY) Focus on Health and Store Optimization Shaping Its Long-Term Strategy?
Best Buy reported its second quarter fiscal 2026 results, showing US$9.44 billion in sales, slightly higher than last year, but net income dropped to US$186 million, with earnings per share declining year over year.
The company reiterated its full-year guidance and continued share buybacks while announcing plans to further optimize store count and focus on its health business.
We’ll explore how Best Buy’s resilient revenue and updated guidance impact its outlook, especially as restructuring...