Summary Best Buy delivered strong second-quarter financial results, which beat EPS expectations by a big margin. The company showed significant earnings per share surprise in all its last eight quarters. Best Buy's domestic comparable sales were up 3.8% in the second quarter, while the industry's comparable sales were down 1.9% in the same period. Best Buy will benefit from its increasing collaboration with Apple, and it has been working with Apple to update the 740 stores-within-a-store that were first implemented in 2007. The average target price of the top analysts is at $39.25, up 9.6% from the stock's August 27 close price. However, in my opinion, shares could go even higher. On August 25, Best Buy Co. (NYSE:BBY) reported strong second-quarter fiscal 2016 financial results, which beat EPS expectations by a big margin of $0.15 (44.1%). The company posted revenue of $8.53 billion in the period, also surpassing Street forecasts. Analysts expected revenue of $8.3 billion. Best Buy showed significant earnings per share surprise in all its last eight quarters, as shown in the table below. More