Best Buy is expected to release earnings figures on November 25, 2025, with a higher full-year revenue forecast of $41.65 billion to $41.95 billion and adjusted earnings per share of $6.25 to $6.35. The retailer saw better-than-expected sales driven by tech upgrades and new product launches, setting up for a strong holiday season.
For the quarter ending Nov. 1, Best Buy exceeded Wall Street expectations with adjusted earnings per share of $1.40 and revenue of $9.67 billion. The company reported a net income of $140 million, down from $273 million a year ago, but revenue rose to $9.45 billion.
Best Buy’s comparable sales increased 2.7% year over year, led by strong sales in computers, gaming systems, and mobile phones. The company expects annual revenue to be slightly higher than last year’s total of $41.53 billion, after three years of declining revenue.
Despite a 12% drop in Best Buy’s shares this year, compared to the S&P 500’s 14% gain, the company remains optimistic about the upcoming holiday season. Tech innovations like the Nintendo Switch 2 and new iPhones have contributed to the retailer’s recent success.
Read more at CNBC: Best Buy (BBY) Q3 2026 earnings
