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The consumer electronics retailer posted comparable sales growth of 4.1% and lifted its adjusted EPS forecast to a range of $6.70 to $6.90
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Best Buy $BBY reported second-quarter revenue of $9.78 billion on Thursday, topping analyst expectations and prompting the company to raise its full-year financial guidance across several key metrics.
Comparable sales grew 4.1% in the quarter ended Aug. 1, well above the company's prior outlook of roughly 1%, the company said. Domestic comparable sales rose 4.5%, led by computing, home theater, and emerging categories including AI glasses and trading cards. International comparable sales fell 1.8%.
