Best Buy's AI Push Drives Digital Growth & Retail Momentum
Best Buy reported strong fiscal Q2 results with revenues up 3.6% year-over-year to $9.8 billion and comparable sales growth of 4.1%. The company is advancing its retail model through AI integration, experiential stores, and marketplace expansion. Computing sales led growth with a tenth consecutive quarter of positive comparable sales, while the Marketplace GMV forecast was raised to $1.3 billion. Best Buy stock has risen 26.5% over the past three months.