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百思买Best Buy(BBY)2026财年第四季度及全年财报电话会纪要「NYSE」(英文版)(19页).pdf

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1、LSEG STREETEVENTSEDITED TRANSCRIPTBBY.N-Q4 2026 Best Buy Co Inc Earnings CallEVENT DATE/TIME:MARCH 03,2026/1:00PM GMTOVERVIEW:Company SummaryLSEG STREETEVENTS|Contact Us2026 LSEG.All rights reserved.Republication or redistribution of LSEG content,including by framing or similar means,is prohibited w

2、ithout the prior writtenconsent of LSEG.LSEG and the LSEG logo are registered trademarks of LSEG and its affiliated companies.CORPORATE PARTICIPANTSMollie OBrien Best Buy Co Inc-Vice President,Investor RelationsCorie Barry Best Buy Co Inc-Chief Executive Officer,DirectorMatthew M.Bilunas Best Buy Co

3、 Inc-Chief Financial and Strategy OfficerJason Bonfig Best Buy Co Inc-Senior Executive Vice President,Customer Offerings and FulfillmentCONFERENCE CALL PARTICIPANTSScot Ciccarelli Truist Securities-AnalystMichael Lasser UBS Financial-AnalystBrian Nagel Oppenheimer&Co Inc-AnalystSteven Zaccone Citiba

4、nk Cameroon SA(Douala Branch)-AnalystSteve Forbes Guggenheim-AnalystSimeon Gutman Morgan Stanley-AnalystZachary Fadem Wells Fargo Securities LLC-AnalystJonathan Mateuszewski Jefferies-AnalystPRESENTATIONOperatorLadies and gentlemen,thank you for standing by.Welcome to Best Buys fourth quarter fiscal

5、 26 earnings conference call.(OperatorInstructions)As a reminder,this call is being recorded for playback and will be available by approximately 1:00 p.m.Eastern Time today.Operator Instructions I will now turn the conference call over to Mollie OBrien,Head of Investor Relations.Mollie OBrien-Best B

6、uy Co Inc-Vice President,Investor RelationsThank you,and good morning,everyone.Joining me on the call today are Corie Barry,our CEO;Matt Bilunas,our Chief Financial andStrategy Officer;and Jason Bonfig,our Chief Customer,Product and Fulfillment Officer.During the call today,we will be discussing bot

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1. **Q4业绩**:营收138亿美元,调整后运营利润率5%,每股收益2.61美元,均略高于去年;可比销售额下降0.8%,市场份额持平。 2. **全年战略**: - **增长品类**:计算设备(连续8季度增长)、手机(连续4季度增长)、AI眼镜等新兴品类; - **新业务**:Marketplace平台Q4 GMV达3亿美元,广告业务收入增长7%,合作伙伴增至750家。 3. **财年指引**:2027财年营收412亿-421亿美元,可比销售额-1%至+1%,调整后运营利润率4.3%-4.4%。 4. **挑战与应对**:内存成本上涨影响计算品类,通过优化库存、配置调整和促销策略缓解;关税影响可控。 5. **投资重点**:AI技术合作(OpenAI、Google)、门店升级、Geek Squad服务简化,以及供应链效率优化。
内存涨价影响? 新品增长点在哪? 广告业务贡献几何?
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