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News  ›  Benzinga

Best Buy Sees Expanding Margin, Strong Vendor Support, Analysts Say

Benzinga Logo Benzinga By Lekha Gupta
Best Buy Sees Expanding Margin, Strong Vendor Support, Analysts Say

Best Buy reported Q3 2026 sales increase of 2.4% and raised fiscal guidance, with analysts highlighting positive performance driven by unit volume and potential growth in membership and advertising initiatives.

Insights
CSCO   neutral

Mentioned as an integration partner for Meraki and Umbrella


BBY   positive

Strong quarterly earnings, raised fiscal guidance, positive analyst ratings with price target increases, and potential for low single-digit comp growth in near to mid-term