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The Latest Breaking News from BBY

What Are Wall Street Analysts’ Target Price for Best Buy Stock?

Best Buy has lagged the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Here's What to Expect From Best Buy's Next Earnings Report

With Best Buy expected to release its Q2 earnings next month, analysts project a single-digit profit dip.

Barchart

Forget GameStop, Here's the Old-School Retail Stock Analysts Are Betting On

After its well-received earnings report, analysts at UBS upgraded Best Buy, predicting more upside ahead for the big-box retailer.

Barchart

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Here's Why Best Buy Stock Could Rally Another 17%

Best Buy stock could continue to rally thanks to several positive catalysts and a leaner operating model, UBS says. Here's what you need to know.

Kiplinger

Former PMs and a lone woman among contenders in Senegal's crisis-hit vote

Following a hurried two weeks of campaigning, Senegal's delayed presidential election is set for this Sunday – with more than 7 million people registered to vote for a record 20 then 17 candidates.

Radio France Internationale

DoorDash (DASH): Pre-Earnings Strategies

DoorDash (DASH) could be primed for long-term growth with its efforts to expand market reach and services. With an impending earnings release, let's gather insights on the optimal approach for DASH shares at this juncture. Read on….

StockNews.com

Buy or Hold for 3 Specialty Retailer Stock Picks?

The specialty retail industry is thriving due to inflation relief, increased consumer confidence, and discretionary spending. Therefore, let’s analyze whether specialty retailer stocks Aeon Co (AONNY), Live Ventures (LIVE) and Best Buy (BBY) could be worth buying.

StockNews.com

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3 Retail Stocks Poised for Holiday Season Profits

The retail industry seems resilient with outstanding future outlooks due to the increased consumer spending and advancing technologies. Amid such positive behaviors, it would be wise to keep track of stocks like Ulta Beauty (ULTA), FIGS, Inc. (FIGS), and Best Buy (BBY) for holiday season profits. Read on….

StockNews.com

3 B-Rated Specialty Retailer Stocks to Add to Your Portfolio

With cooling inflation and resilient consumer spending, the specialty retail market’s prospects look bright. Therefore, adding fundamentally strong stocks Best Buy (BBY), Murphy USA (MUSA), and Build-A-Bear (BBW) to your portfolio could be wise. These stocks are rated B (Buy) in our proprietary rating system. Continue reading….

StockNews.com

Are Best Buy (BBY) and Murphy USA (MUSA) Quality Stocks to Own?

While consumers continue to keep the U.S. economic engine running and with inflation cooling down, are specialty retailers Best Buy Co., Inc. (BBY) and Murphy USA Inc. (MUSA) quality stocks to own? Let’s find out….

StockNews.com

Succeeding Sall: Who will be Senegal’s next president in 2024?

Sall’s decision to not run for office in 2024 has calmed Senegal but raised questions about his successor and democracy.

Al Jazeera

Senegal ruling coalition loses comfortable majority

Senegal's ruling Benno Bokk Yakaar (BBY) coalition has lost its comfortable majority in parliament, securing just two seats more than two allied opposition coalitions in a legislative election at the weekend, the electoral commission said on Thursday.

Reuters

Best Buy Co's Ex-Dividend Date Is Monday, Here's What You Need To Know

Friday marks the last chance for investors to receive the next dividend payout from Best Buy Co (NYSE:BBY).

Benzinga

2 Retail Stocks to Avoid After Cutting 2022 Guidance

Retail companies have been facing several macroeconomic challenges of late that include elevated inflation and supply chain disruptions aggravated by Russia’s invasion of Ukraine. After reporting poor first-quarter earnings, some hard-hit retail companies slashed their earnings guidance for 2022. Thus, we think it could be wise to avoid the stock…

StockNews.com

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Benzinga

Best Buy Clocks 8.5% Revenue Decline In Q1; Cuts FY23 Outlook Citing Macro Conditions

Best Buy Co Inc (NYSE:BBY) reported a first-quarter FY23 sales decline of 8.5% year-on-year to $10.65 billion, beating the consensus of $10.43 billion. Domestic revenue fell 8.7% Y/Y, and International revenue declined 5.4%. Enterprise comparable sales decreased 8% versus 37.2% growth last year. Gross profit decreased 13.3% Y/Y to $2.4 billion, and the…

Benzinga

Check Out What Whales Are Doing With BBY

A whale with a lot of money to spend has taken a noticeably bearish stance on Best Buy Co. Looking at options history for Best Buy Co (NYSE:BBY) we detected 13 strange trades.

Benzinga

Best Buy Co Whale Trades For May 18

Someone with a lot of money to spend has taken a bearish stance on Best Buy Co (NYSE:BBY). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Here's How Much You Would Have Made Owning Best Buy Co Stock In The Last 10 Years

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 4.83% on an annualized basis producing an average annual return of 16.7%. Currently, Best Buy Co has a market capitalization of $19.44 billion.

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Benzinga

Here's How Much $1000 Invested In Best Buy Co 10 Years Ago Would Be Worth Today

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 3.38% on an annualized basis producing an average annual return of 15.53%. Currently, Best Buy Co has a market capitalization of $21.07 billion.

Benzinga

Best Buy To Pick Up E-Waste Directly From Customers' Homes - Read How

Best Buy Co Inc (NYSE:BBY) has launched a home pick-up service for e-waste. The new Standalone Haul-Away service is available for $199.99. The retailer will come to customers' homes to pick up old tech to be recycled, including everything from laptops to washing machines. The Best Buy Standalone Haul-Away service will remove and recycle up…

Benzinga

Jim Cramer Highlights Work-From-Home Trend That Could Boost Best Buy, HP Shares

Best Buy Co Inc (NYSE: BBY) CEO Corie Barry will be featured on "Mad Money" Thursday night with Jim Cramer.

Benzinga

$1000 Invested In Best Buy Co 10 Years Ago Would Be Worth This Much

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 3.06% on an annualized basis producing an average annual return of 15.81%. Currently, Best Buy Co has a market capitalization of $20.84 billion.

Benzinga

$100 Invested In Best Buy Co 10 Years Ago Would Be Worth This Much

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 1.62% on an annualized basis producing an average annual return of 13.9%. Currently, Best Buy Co has a market capitalization of $22.30 billion.

Benzinga

Best Buy Shares Pop After Q4 Results; Hikes Dividend, Plans Buyback

Best Buy Co Inc (NYSE:BBY) reported a fourth-quarter FY22 sales decline of 3.4% year-on-year, to $16.36 billion, missing the consensus of $16.59 billion. Domestic revenue fell 2.6%, primarily driven by a comparable sales decline of 2.1% and the loss of revenue from permanent store closures in the past year. International revenue declined 10.7%,…

StockNews.com

Should You Scoop Up Shares of Best Buy on the Dip?

Shares of technology products retailer Best Buy (BBY) have been foundering this year due to the broader market correction and tech rout. With surging market volatility amid worsening Russia-Ukraine hostilities, will BBY be able to regain its momentum soon? Read more to learn our view.

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