BEST BUY CO (BBY) SEC Filings

Best Buy Co., Inc. filed an automatic shelf registration statement for debt securities it may offer from time to time after the effective date. Specific amounts, prices and terms for each series will be described in a prospectus supplement. The debt securities will be senior obligations issued under an indenture with U.S. Bank Trust Company, National Association as trustee; the indenture does not limit the amount of debt securities that may be issued under it. Unless a supplement provides otherwise, U.S. dollar-denominated securities are issued in $2,000 denominations and integral multiples of $1,000 in excess, and repaid at 100% of principal at maturity, plus accrued and unpaid interest, unless previously redeemed or purchased and canceled. Net proceeds are intended for general corporate purposes, including debt repayment, working capital, capital expenditures, stock repurchases, and strategic investments or acquisitions.

BEST BUY CO INC executive Scarlett Kathleen, its SEVP, CHRO, exercised options covering 96,166 shares at $70.50 on September 23, 2026; the reported option position afterward was 0. She also acquired 96,166 common shares in a periodic acquisition under a dividend reinvestment plan. On the same date, she sold 27,952 shares at a weighted-average price of $92.4105 (range $92.26 to $92.89) and 88,110 shares at a weighted-average price of $92.0702 (range $91.26 to $92.253). No Rule 10b5-1 plan is reported.

BEST BUY CO INC EVP, CFO Anne L. Bramman amended her ownership report to include 10 shares of common stock held directly. The amendment says she beneficially owned the shares as of August 21, 2026, the date of her original Form 3; the holding entry is dated August 19, 2026.

Best Buy Co Inc (BBY) officer Kathleen M. Scarlett listed 116,062 common shares for sale, with an approximate sale date of September 23, 2026. The listed aggregate market value is $10,695,356.53; Fidelity Brokerage Services LLC is named as broker, and NYSE as the exchange. The share lots include 96,166 attributed to a stock-option exercise and earlier restricted-stock vesting or compensation entries.

BEST BUY CO INC (BBY) reported that officer Kathleen Scarlett, SEVP and Chief Human Resources Officer, received a grant of 32,311 shares of common stock on September 20, 2026 as a restricted share award.

The restricted shares will vest in full on November 1, 2027. After this award and periodic acquisitions under a dividend reinvestment plan, Scarlett directly holds 136,069 shares of Best Buy common stock.

BEST BUY CO INC (BBY) insider Richard M. Schulze, Chairman Emeritus, reported indirect transactions in common stock on September 16, 2026. A family foundation associated with him received a bona fide gift of 300,000 shares and sold 52,660 shares at a weighted average $92.8994 and 247,340 shares at a weighted average $92.4320, in multiple transactions within stated price ranges. Separately, 300,000 shares were gifted out of a revocable trust for which he serves as trustee, leaving that trust holding 9,230,936 shares indirectly. Additional indirect holdings are reported in a 401(k), IRA, partnerships, GRATs, and spousal-related trusts, and no Rule 10b5-1 trading plan is reported.

BEST BUY CO INC (BBY) is the issuer for a planned resale of its common stock under Rule 144 by the Richard M Schulze Family Foundation, relating to 300,000 shares of common stock. The filing lists Richard M. Schulze as a 10% stockholder and Director Emeritus, with Piper Sandler & Co. named as broker.

The 300,000 shares are reported as founder shares acquired on April 18, 1985, with an aggregate market value of $27,972,000, and the outstanding common shares are listed as 209,727,698 as of September 16, 2026; this is a baseline figure, not the amount being offered. The notice also reports recent sales from the Richard M Schulze Revocable Trust over the prior three months.

BEST BUY CO., INC. (BBY) reported solid second‑quarter fiscal 2027 results, with revenue of $9.8 billion, up 3.6% year over year, and comparable sales up 4.1%. Net earnings rose to $315 million and diluted EPS increased to $1.48 from $0.87, driven by higher operating income.

Gross margin improved to 23.9%, helped by growth in Best Buy Marketplace and Best Buy Ads and a $34 million tariff refund recorded as lower cost of sales. Operating income grew to $421 million (4.3% margin) as restructuring charges fell. Cash from operations for the first six months jumped to $1.3 billion, supporting dividends of $1.92 per share year‑to‑date and continued share repurchases, while cash and cash equivalents increased to $2.3 billion with long‑term debt of about $1.2 billion.

BEST BUY CO., INC. (BBY) reported stronger results for the 13‑week second quarter ended August 1, 2026. Enterprise revenue was $9.78 billion versus $9.44 billion a year ago, with enterprise comparable sales up 4.1%. Domestic revenue rose to $9.07 billion, driven by 4.5% comparable sales growth, while International revenue declined 4.2% to $709 million on softer comps and foreign exchange impacts.

Operating income increased to $421 million from $251 million, expanding operating margin to 4.3% from 2.7%. Diluted EPS rose 70% to $1.48, and adjusted diluted EPS grew to $1.47 from $1.28. Gross margin improved to 23.9%, supported by Marketplace, Best Buy Ads and approximately $34 million of IEEPA tariff refunds.

Best Buy raised its FY27 outlook, guiding revenue to $42.3–$42.8 billion, comparable sales growth of 1.9%–3.0%, adjusted operating margin of 4.4%–4.5%, and adjusted diluted EPS of $6.70–$6.90. Year‑to‑date, operating cash flow was $1.30 billion. The company returned $239 million to shareholders in Q2 and declared a regular quarterly dividend of $0.96 per share. Jason Bonfig is set to become CEO effective November 1, 2026.