Best Buy Reports Q4 Earnings Beat, Expects $42.2 Billion Revenue

Best Buy reported better-than-expected earnings for its fourth quarter of fiscal 2025, with a net income of $117 million and adjusted earnings per share of $2.58, surpassing Wall Street's expectations. Despite a 4.8% year-over-year decline in revenue to $13.95 billion, comparable sales rose by 0.5%, marking a surprising turnaround after 12 consecutive quarters of declines. The company also increased its quarterly dividend by one cent to $0.95 per share, reflecting confidence in future performance. For fiscal 2026, Best Buy forecasts revenue between $41.4 billion and $42.2 billion, with comparable sales growth of up to 2%. Although the company expects slightly lower EPS than analysts' predictions, it remains optimistic about consumer spending, especially on high-end electronics. These positive results led to a 2.8% rise in Best Buy's stock.