Best Buy CO INC

Market Movers (8-K)

NYSE
Best Buy announces Anne Bramman as its new Executive Vice President and Chief Financial Officer, effective August 19, 2026, as the company prepares for a CEO change.
NYSE
Best Buy Co., Inc. announced the results of its annual shareholder meeting, including the election of directors, ratification of its independent auditor, and advisory votes on executive compensation and shareholder proposals.
NYSE
Best Buy reported Q1 FY27 comparable sales growth of 2.0% and announced that CEO Corie Barry will step down later this year, with Jason Bonfig named as successor.
Better than expected
NYSE
Best Buy announced Jason Bonfig will succeed Corie Barry as CEO on November 1, 2026, following Barry's planned departure.
NYSE
Best Buy reported better-than-expected Q4 FY26 profitability despite a comparable sales decline, while increasing its quarterly dividend and providing FY27 guidance.
Better than expected
NYSE
Best Buy Co., Inc. announced the appointment of A. Dylan Jadeja to its Compensation and Human Resources Committee and Finance and Investment Policy Committee, effective March 2, 2026.

Quarterly Earnings (10-Q)

NYSE
Best Buy reported Q1 fiscal 2027 revenue of $8.94 billion and diluted EPS of $1.31, reflecting a 2.0% increase in comparable sales.
NYSE
Best Buy reported a revenue increase in the third quarter and first nine months of fiscal 2026, but net earnings and diluted EPS declined significantly due to substantial goodwill and intangible asset impairments related to its Best Buy Health business and increased restructuring charges.
Worse than expected
NYSE
Best Buy reports a 1.6% revenue increase and comparable sales growth in Q2, but net earnings and EPS decline significantly due to substantial restructuring charges.
Worse than expected
NYSE
Best Buy Co., Inc. reported a decrease in net earnings and operating income for the first quarter of fiscal 2026, primarily due to significant restructuring charges, despite an improved comparable sales decline rate and strategic optimization efforts.
Worse than expected
NYSE
Best Buy's Q3 fiscal 2025 results show a revenue decline of 3.2% year-over-year, with comparable sales down 2.9%, as the company navigates a challenging consumer electronics market.
Worse than expected
NYSE
Best Buy's second quarter results show a sequential improvement in comparable sales, although still down year-over-year, with growth in tablets and computing categories.
Worse than expected

Annual Reports (10-K)

NYSE
Best Buy reports fiscal 2026 revenue of $41.7 billion with comparable sales growth of 0.5%, driven by computing and mobile phones, alongside strategic investments in Best Buy Ads and Marketplace.
NYSE
Best Buy manages profitability through strong execution despite revenue declines, focusing on customer experiences and optimizing operating income rate.
Worse than expected
NYSE
Best Buy's fiscal 2024 annual report reveals a year of strategic adjustments amidst a challenging consumer electronics market, marked by revenue declines but also progress in membership programs and cost management.
Worse than expected

Insider Trading (Form 4)

NYSE
Mathew Watson, SVP, Controller & CAO of Best Buy Co Inc, received 5,874 shares of common stock on July 20, 2026.
NYSE
Richard M Schulze, Chairman Emeritus of Best Buy Co Inc, sold 900,000 shares of common stock on July 13, 2026.
NYSE
Best Buy's Chief Legal and Risk Officer, Todd G. Hartman, acquired 600 shares of common stock on July 7, 2026, through a dividend reinvestment plan.
NYSE
Richard M. Schulze, Chairman Emeritus of Best Buy Co Inc., has reported the sale of a significant number of company shares.
NYSE
Chairman Emeritus Richard Schulze sold 81,399 shares of Best Buy Co., Inc. common stock across two transactions in June 2026.
NYSE
Best Buy Director Melinda D. Whittington acquired 2,611 shares of common stock via a restricted stock unit grant.

Proxy Statements (Def-14A)

NYSE
Best Buy Co., Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.
NYSE
Best Buy's 2025 proxy statement outlines key proposals for shareholder vote, including director elections, executive compensation approval, and an amendment to the 2020 Omnibus Incentive Plan.
Better than expected
NYSE
Best Buy Co., Inc. has filed a definitive proxy statement with the SEC.
NYSE
Best Buy's proxy statement details the agenda for the upcoming shareholder meeting, board changes, executive compensation, and corporate governance practices.

Schedule 13D - Activist Investments

NYSE
Best Buy founder Richard Schulze has initiated a pre-arranged trading plan for personal estate planning and asset diversification.
NYSE
Richard M. Schulze, founder of Best Buy, and related entities have reduced their beneficial ownership in Best Buy Co., Inc. to 7.2% through open market sales as part of a pre-arranged trading plan for asset diversification and estate planning.

Schedule 13G - Passive Investments

NYSE
Vanguard Capital Management has reported beneficial ownership of 14,778,078 shares, representing 7.06% of Best Buy Co Inc's common stock, as of March 31, 2026.
NYSE
The Vanguard Group has filed an amended Schedule 13G, indicating it no longer beneficially owns shares of Best Buy Co Inc following an internal realignment.
NYSE
State Street Corporation has filed a Schedule 13G, revealing a 6.6% beneficial ownership stake in Best Buy Co Inc as of December 31, 2024.