India, Aug. 27 -- While reporting financial results for the second quarter on Thursday, electronics retailer Best Buy Co., Inc. (BBY) raised its adjusted earnings, revenue and comparable sales guidance for the full-year 2027 to reflect strong first half performance and its momentum.
For fiscal 2027, the company now projects adjusted earnings in a range of $6.70 to $6.90 per share on revenues between $42.3 billion and $42.8 billion, with a comparable sales growth of 1.9 to 3.0 percent.
Previously, the company expected adjusted earnings in a range of $6.30 to $6.60 per share on revenues between $41.2 billion and $42.1 billion, with a comparable sales change between a decline of 1.0 percent and a growth of 1.0 percent.
The company also said...