While announcing its second-quarter results, Best Buy Co., Inc. (BBY) said it narrowed its fiscal year 2024 non-GAAP earnings per share guidance. The company expects its third quarter comparable sales to be slightly better than the negative 6.2% it reported for the second quarter and its non-GAAP operating income rate to be approximately 3.4%.
The company lowered the high-end of its full year revenue outlook to its previous midpoint, while keeping the low-end of its revenue guidance unchanged.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.