BEST BUY $BBY Q2’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $9.8B (Est. $9.59B) 🟢; +4% YoY 🔹 Adj. EPS: $1.47 (Est. $1.38) 🟢; +15% YoY 🔹 Comparable Sales: 4.1%; +160 bps YoY 🔹 Oper Margin: 4.3%; +160 bps YoY Raises FY27 Guide: 🔹 Revenue: $42.3B-$42.8B (Est. $42B) 🟢 🔹 Adj. EPS: $6.70-$6.90 (Est. $6.58) 🟢 🔹 Comp Sales: 1.9% to 3.0%; from -1.0% to 1.0% 🔹 Adj. Oper Income Rate: 4.4% to 4.5%; from 4.3% to 4.4% 🔹 Adj. Effective Income Tax Rate: 25.5%; unchanged 🔹 CapEx: ~$750M; unchanged Q3 Guide: 🔹 Comparable Sales: 1.0% to 3.0% 🔹 Adjusted Operating Income Rate: 4.1% to 4.2% Segment Net Revenue: 🔹 Domestic: $9.1B; +4% YoY 🔹 International: $709M; -4% YoY Other Q2 Metrics: 🔹 Domestic Online Revenue: $3.0B; +5.1% comparable 🔹 Domestic Gross Profit Rate: 24.0%; +60 bps YoY 🔹 International Gross Profit Rate: 22.3%; +50 bps YoY Comments: 🔸 “outperformed expectations in the second quarter with comparable sales growth of 4.1% and a higher-than-expected adjusted operating income rate” 🔸 “We are raising our annual financial guidance due to the strong first half performance and our momentum as we enter the second half of the year.”