News Brief: Best Buy Raises Annual Forecast on Strong Tech Sales
Summary
Best Buy raised its full-year sales and profit outlook after reporting better-than-expected quarterly results, driven by strong demand for computers, gaming consoles, and smartphones. This marks a potential turnaround after three consecutive years of declining annual revenue.
Key Points
- Upward Revision: The company increased its full-year revenue forecast to $41.65B-$41.95B (from $41.1B-$41.9B) and adjusted EPS to $6.25-$6.35 (from $6.15-$6.30).
- Quarterly Beat: Q3 revenue was $9.67B vs. $9.59B expected; adjusted EPS was $1.40 vs. $1.31 expected.
- Sales Driver: Comparable sales grew 2.7% year-over-year, the highest in four years, fueled by computing, gaming, and mobile phones.
- Consumer Behavior: Shoppers are “resilient but deal-focused,” willing to spend on high-tech innovation but thoughtful about big-ticket purchases.
- Holiday Caution: The company expects Q4 comparable sales to range from a 1% decline to a 1% increase, citing tougher year-ago comparisons and potential slowdowns in gaming.
- Growth Initiatives: Efforts include expanding in-store vendor demos (e.g., Meta AI glasses), piloting Ikea showrooms, and growing a new third-party online marketplace.
- Challenges Remain: The appliance category continues to lag due to a slow housing market, prompting plans to boost labor and delivery speed in this department.
新闻简报：百思买因科技产品销售强劲上调年度预期
摘要
百思买在公布超预期的季度业绩后，上调了全年销售和利润展望，这主要得益于电脑、游戏机和智能手机的强劲需求。在经历了连续三年营收下滑后，此举可能标志着公司的一个转折点。
关键要点
- 上调预期：公司将全年营收预期上调至416.5-419.5亿美元（原为411-419亿美元），调整后每股收益预期上调至6.25-6.35美元（原为6.15-6.30美元）。
- 季度业绩超预期：第三季度营收为96.7亿美元，高于预期的95.9亿美元；调整后每股收益为1.40美元，高于预期的1.31美元。
- 销售驱动力：可比销售额同比增长2.7%，为四年来最高增幅，主要由电脑、游戏和手机销售推动。
- 消费者行为：消费者”具有韧性但注重折扣”，愿意为高科技创新产品消费，但对大额支出持谨慎态度。
- 对假日季持谨慎态度：公司预计第四季度可比销售额将在下降1%至增长1%之间，原因是去年同期基数较高，且游戏等品类增长可能放缓。
- 增长举措：包括扩大店内品牌演示（如Meta AI眼镜）、试点宜家展示厅，以及发展新的第三方在线市场。
- 挑战依然存在：由于房地产市场低迷，大家电品类销售持续疲软，公司计划在该部门增加人手并加快配送速度以应对竞争。
Original Article Link: https://www.cnbc.com/2025/11/25/-best-buy-bby-q3-2026-earnings-.html