Best Buy Q4 Sales Dip 0.8% as EPS Tops Estimates, 2027 Revenue Guidance $41.2–42.1B
Best Buy’s Q4 same-store sales fell 0.8% as revenue reached $13.81 billion, missing consensus by $70 million, while adjusted EPS of $2.61 topped expectations by $0.15. The company forecasts Q1 same-store sales growth of 1% and sets full-year 2027 revenue guidance at $41.2–42.1 billion with EPS of $6.30–6.60.
1. Q4 Performance Details
Best Buy reported a 0.8% decline in Q4 same-store sales, with total revenue of $13.81 billion falling short of the $13.88 billion expected. Adjusted EPS of $2.61 surpassed the $2.46 consensus, driven by cost controls and strength in computing and mobile categories.
2. Full-Year Results and Customer Insights
Full-year revenue reached $41.69 billion, just below the $41.76 billion forecast, while adjusted EPS of $6.43 beat estimates by $0.12. Management highlighted that over 50% of holiday shoppers earn more than $100,000 annually, reflecting resilience among higher-income consumers.
3. Forward Guidance and Cost Pressures
For Q1, Best Buy anticipates a 1% rise in same-store sales, and for fiscal 2027, it projects revenue between $41.2 billion and $42.1 billion with EPS of $6.30–6.60. The company is monitoring rising memory costs, adjusting inventory forecasts and pricing strategies to mitigate margin pressure.