Q2 FY27 · Ended Aug 1, 2026 · View SEC filing
Fees, not products, widened the gross margin
The filing credits marketplace and ad income for a wider margin, even as products themselves earned less per dollar.
For investorsWhat the wider gross margin depends on from here
For foundersSelling the traffic: a fee layer on top of a retail base
A charge equal to 45.4% of last year's operating income became a small credit, flattering the comparison.
The filing ties cash running far ahead of earnings to the timing of supplier payments, a gain the calendar usually reverses.
Best Buy closed secondary formats while keeping its main stores, and a third of Domestic sales now start online.
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Business Lens describes Best Buy from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
