Best Buy posts stronger Q2 sales, raises full-year outlook

Best Buy Co. Inc. reported stronger-than-expected second-quarter results, with comparable sales rising 4.1% as growth in computing, home theater and emerging technology helped the electronics retailer raise its outlook for fiscal 2027. For the 13-week quarter ended Aug. 1, Best Buy generated revenue of $9.78 billion, up 3.6% from $9.44 billion a year earlier. Domestic revenue increased 4.3% to $9.07... Read More