Best Buy (BBY)
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
$90.27+3.18%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
QuarterlyIQ Insights · BBY
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 10.9% |
| Our one-year growth estimate | diamond | 11.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 0.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 44 industry peers · Company calendar date is not available
BBY — CFO transition
Dated 2026-06-22
Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy — Matt Bilunas: Mr. Bilunas will depart the Company effective July 31, 2026.
Why it matters: The new CFO, Anne Bramman, starts on August 19. Her decisions will shape Best Buy's financial future.
Watch forPositive financial metrics in Q3 FY27, such as EPS growth exceeding $6.60.
Also watch forQ3 FY27 financial metrics fall short of guidance, with EPS below $6.30.
Why it matters: Bonfig's strategies will shape Best Buy's future direction and growth potential.
Watch forBonfig shares clear plans that lead to more sales or market share.
Also watch forBonfig does not share clear plans or strategies that show growth.
Why it matters: Keeping or raising operating income shows good cost control and profit.
Supportive ifQ2 adjusted operating income rate meets or exceeds 3.9% as guided.
Worry ifQ2 operating income rate is below 3.9%. This shows cost pressures.
Why it matters: Anne Bramman starts as CFO on August 19. Her financial strategies will impact Best Buy's performance.
Watch forQ2 results show adjusted diluted EPS over $1.50. This shows strong financial management.
Also watch forQ2 results show adjusted diluted EPS under $1.20. This suggests problems in financial oversight.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$179 on $10,000 · ±1.8% | How much price usually moves either way. |
| Bad day | $334 loss on $10,000 · 3.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,200 loss on $10,000 · 32.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Management expects about 1.0% growth in comparable sales. This will show if the trend continues.
Watch forQ2 comparable sales growth is reported at 2.0% or more. This indicates strong demand.
Also watch forQ2 sales growth is below 0%. This shows less interest from consumers.
Why it matters: Online sales are important for Best Buy's total revenue. This is true, especially with competition.
Supportive ifDomestic online revenue growth reported at or above 1.4% in Q2.
Worry ifDomestic online revenue growth reported below 1.4% in Q2.
Why it matters: The new CFO's experience will shape Best Buy's financial strategy during a key leadership change.
Watch forA new CFO has been announced. They have strong experience in retail finance.
Also watch forFailure to appoint a new CFO by the end of July 2026.
Why it matters: Jason Bonfig takes over as CEO on November 1. His leadership will shape Best Buy's future direction.
Watch forBonfig has a clear growth plan. This leads to better sales and profit numbers.
Also watch forBonfig's plan does not connect well. This leads to falling sales or negative market reactions.
Why it matters: The new CEO's vision will shape Best Buy's growth and operations.
Watch forJason Bonfig shares new priorities that lead to better performance.
Also watch forThere is no clear plan or performance improvement after the CEO change.
Why it matters: This would indicate a slowdown in demand and challenge the company's growth outlook.
Worry ifQ3 sales growth was less than 1.0%.
Less concerning ifQ3 sales growth was more than 3.0%.
Why it matters: A drop in operating income rate shows trouble with costs and efficiency.
Worry ifOperating income rate was less than 4.1% for Q3.
Less concerning ifOperating income rate was more than 4.2% for Q3.
Why it matters: More share repurchases show strong returns and confidence in the company's future.
Supportive ifShare repurchases were over $300 million for FY27.
Worry ifShare repurchases were under $300 million for FY27.