Best Buy to Report Earnings Today—Focus on Holiday Shopping Season Outlook

(Seoul=Yonhap Infomax) Jang Won Lee Senior Reporter = Best Buy Co. (NYSE: BBY), a leading U.S. consumer electronics retailer, is set to announce its fiscal 2026 third-quarter results (August–October) before the opening of the New York market on the 25th (local time).

Wall Street expects Best Buy to post slightly improved results compared to the same period last year.

According to financial data platform Seeking Alpha, Best Buy is projected to report third-quarter revenue of $9.59 billion (approximately 14.129 trillion won), up from $9.45 billion a year earlier.

Earnings per share (EPS) are estimated at $1.31, an increase from $1.26 in the same period last year.

During its previous second-quarter earnings release, Best Buy forecast that third-quarter comparable store sales would be similar to the prior quarter’s growth rate of 1.6%.

If comparable store sales growth is maintained as expected, Best Buy’s annual performance could approach the upper end of its guidance range ($41.1 billion–$41.9 billion).

Analysts are closely watching how Best Buy’s price increases are offsetting tariff costs, and how these tariffs may be impacting consumer demand.

With the year-end holiday shopping season approaching, attention is also focused on how intensifying value-seeking behavior among consumers will affect retailers’ sales.

Value-seeking consumption refers to a polarized spending pattern in which consumers are willing to spend on elements they consider important (value), while drastically cutting back on less important areas.

In this context, the market is expected to pay close attention to which categories Best Buy is offering promotions.

jang73@yna.co.kr

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