Positive
Seeking Alpha
20 days ago
Best Buy: A Beaten-Down, Attractively Priced, 5% Yielder Hiding In Plain Sight (Rating Upgrade)
Best Buy has demonstrated resilience, beating Q3 FY'26 earnings estimates and delivering double-digit EPS growth amid persistent macro headwinds. BBY's comparable store sales rose 2.7%, reversing last year's decline, with segment performance and international growth notably improving. Domestic revenue grew 2.1% to $8.9B, though margins remain pressured; international revenue surged 6.1% with margin expansion.