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AI English summary of an SEC filing — figures as filed

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Best Buy announced enterprise revenue of $9,438 million, comparable sales growth of 1.6% and diluted EPS of $0.87 (adjusted diluted EPS of $1.28) for the 13-week second quarter ended August 2, 2025. Diluted EPS in the prior-year quarter was $1.34.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Best Buy announced enterprise revenue of $9,438 million, comparable sales growth of 1.6% and diluted EPS of $0.87 (adjusted diluted EPS of $1.28) for the 13-week second quarter ended August 2, 2025. Diluted EPS in the prior-year quarter was $1.34.

  2. The company said operating income as a percentage of revenue for Q2 was 2.7% (compared with 4.1% in the prior-year quarter) and adjusted operating income as a percentage of revenue was 3.9%. It said restructuring charges of $114 million were associated with an enterprise-wide restructuring initiative that commenced during the quarter and included asset impairments of approximately $40 million.

  3. Best Buy said it is reiterating the full-year FY26 financial guidance it provided on May 29, 2025. Revenue is $41.1 billion to $41.9 billion, adjusted operating income as a percentage of revenue is approximately 4.2%, and adjusted diluted EPS is $6.15 to $6.30.

  4. The company said it returned $266 million to shareholders in Q2 through dividends of $201 million and share repurchases of $65 million. It also said its board of directors authorized a quarterly cash dividend of $0.95 per common share, payable on October 9, 2025.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 Comparable Sales Up 1.6%, Diluted EPS $0.87

Best Buy announced enterprise revenue of $9,438 million, comparable sales growth of 1.6% and diluted EPS of $0.87 (adjusted diluted EPS of $1.28) for the 13-week second quarter ended August 2, 2025. Diluted EPS in the prior-year quarter was $1.34.

Source · Based on the filing body and exhibits

Operating Income Rate 2.7%, Restructuring Charges $114 million

The company said operating income as a percentage of revenue for Q2 was 2.7% (compared with 4.1% in the prior-year quarter) and adjusted operating income as a percentage of revenue was 3.9%. It said restructuring charges of $114 million were associated with an enterprise-wide restructuring initiative that commenced during the quarter and included asset impairments of approximately $40 million.

Source · Based on the filing body and exhibits

FY26 Adjusted Diluted EPS Guidance $6.15 to $6.30 Reiterated

Best Buy said it is reiterating the full-year FY26 financial guidance it provided on May 29, 2025. Revenue is $41.1 billion to $41.9 billion, adjusted operating income as a percentage of revenue is approximately 4.2%, and adjusted diluted EPS is $6.15 to $6.30.

Source · Based on the filing body and exhibits

Q2 Shareholder Returns $266 million, Quarterly Dividend $0.95

The company said it returned $266 million to shareholders in Q2 through dividends of $201 million and share repurchases of $65 million. It also said its board of directors authorized a quarterly cash dividend of $0.95 per common share, payable on October 9, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.