Best Buy Co Inc (NYSE:BBY) shares are trading higher after the company reported third-quarter 2026 earnings.

BBY stock is racing ahead of the pack. Check out the latest moves here.

Sales increased 2.4% year over year (Y/Y) to $9.67 billion, beating the consensus of $9.59 billion.

Best Buy's third-quarter comparable sales increased 2.7% Y/Y.

Adjusted earnings of $1.40 per share, beating the consensus of $1.31.

In the third quarter, Best Buy Health recorded $192 million in pre-tax non-cash impairments, including $171 million of goodwill/intangibles and $21 million of long-lived assets, reflecting revised projections amid pressures in the Medicaid and Medicare Advantage markets.

Also Read: Best Buy Q3 Earnings: ‘Hidden' Ad Revenue, Hardware Margin Squeeze And More— What Should Investors Expect This Time?

Segment Performance

Domestic revenue of $8.88 billion increased 2.1% Y/Y, primarily driven by comparable sales growth of 2.4% Y/Y.

Gaming, computing, and mobile phones were ...