Retail Q2: Gap Rips, Best Buy and Ulta Slip on Margins
Best Buy, Ulta, and Gap all beat Q2 estimates in August 2026 — only Gap rallied. The market is grading margin quality over top-line beats.
Best Buy, Ulta, and Gap all beat Q2 estimates in August 2026 — only Gap rallied. The market is grading margin quality over top-line beats.
Best Buy comp sales rose 2% in Q1 FY27, EPS jumped 38% to $1.31, and CFO Jason Bonfig will succeed Corie Barry as CEO on Nov 1. Stock +18%.