---
title: "Best Buy Boosts FY27 Outlook; Declares Dividend - Update"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297177620.md"
description: "Best Buy raised its full-year fiscal 2027 guidance for adjusted earnings, revenue, and comparable sales, citing strong first-half performance. The company now projects adjusted earnings of $6.70-$6.90 per share on revenues of $42.3B-$42.8B. Additionally, Best Buy declared a quarterly dividend of $0.96 per share and expects to spend approximately $300 million on share repurchases in fiscal 2027."
datetime: "2026-08-27T11:33:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297177620.md)
  - [en](https://longbridge.com/en/news/297177620.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297177620.md)
generator: "portal-rs"
---

# Best Buy Boosts FY27 Outlook; Declares Dividend - Update

Add  as your preferred news source on Google

 Add Now

While reporting financial results for the second quarter on Thursday, electronics retailer Best Buy Co., Inc. (BBY) raised its adjusted earnings, revenue and comparable sales guidance for the full-year 2027 to reflect strong first half performance and its momentum.

For fiscal 2027, the company now projects adjusted earnings in a range of $6.70 to $6.90 per share on revenues between $42.3 billion and $42.8 billion, with a comparable sales growth of 1.9 to 3.0 percent.

Previously, the company expected adjusted earnings in a range of $6.30 to $6.60 per share on revenues between $41.2 billion and $42.1 billion, with a comparable sales change between a decline of 1.0 percent and a growth of 1.0 percent.

The company also said it expects comparable sales growth of 1 to 3 percent for the third quarter.

The company also announced its board of directors has authorized the payment of a regular quarterly cash dividend of $0.96 per common share, payable on October 8, 2026, to shareholders of record as of the close of business on September 17, 2026.

The company said it expects to spend approximately $300 million on share repurchases during fiscal 2027.

In Thursday's pre-market trading, BBY is trading on the NYSE at $86.08, down $1.31 or 1.49 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com 

For comments and feedback contact: editorial@rttnews.com

Business News

### Related Stocks

- [BBY.US](https://longbridge.com/en/quote/BBY.US.md)

## Related News & Research

- [Best Buy declares $0.96 dividend](https://longbridge.com/en/news/297327286.md)
- [Best Buy (BBY) Q2 Earnings Report Preview: What To Look For](https://longbridge.com/en/news/296979665.md)
- [Best Buy Analysts Increase Their Forecasts After Better-Than-Expected Q2 Results](https://longbridge.com/en/news/297337766.md)
- [Best Buy Says Consumers Still Spend — but They Are Hunting for Deals](https://longbridge.com/en/news/297216167.md)
- [Best Buy: Strong Sales Momentum and TV Innovation Drive Michael Baker to Reaffirm Buy Rating and Lift Price Target to $95](https://longbridge.com/en/news/297235983.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**