BBY

AI Research

Q4 FY2026 EPS beats at $2.61 vs $2.47; stock jumps 7% on earnings; dividend up 1%

Best Buy reported Q4 FY2026 EPS of $2.61, beating the $2.47 estimate, though revenue of $13.81B slightly missed the $13.88B forecast with comparable sales declining 0.8% YoY. The stock closed more than 7% higher following the March 3 earnings report, and the board approved a 1% increase in the quarterly dividend to $0.96 per share. The company projects weak growth ahead as consumers continue value-hunting, but is expanding into more profitable ad business and third-party marketplace operations.