Best Buy reported fiscal Q4 revenue of $13.8 billion and adjusted operating income rate of 5%, delivering adjusted EPS of $2.61. Enterprise comparable sales declined 0.8%, driven by softer holiday demand, weather-related store closures and heavier-than-expected promotions, yet profitability slightly exceeded prior year.

Computing posted its eighth consecutive positive comparable sales quarter, led by laptops and accessories, while mobile phones grew on expanded carrier partnerships. The U.S. digital marketplace generated about $300 million in Q4 gross merchandise value and advertising collections topped $900 million, with Ads and marketplace expected to add roughly 30 basis points to gross profit in fiscal 2027.

For fiscal 2027, Best Buy guided comparable sales of -1% to +1%, revenue of $41.2–$42.1 billion and adjusted EPS of $6.30–$6.60, with an operating income rate around 4.3%–4.4%. The company plans about $750 million in capital expenditures, $300 million in share repurchases and highlighted rising memory component costs as a key risk, while outlining inventory and vendor actions to mitigate supply uncertainty.