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The Latest Breaking News from Best Buy Co Inc

3 Specialty Retail Stocks Poised for Strong Holiday Sales

The specialty retail market offers strong investment potential this holiday season, driven by innovative strategies, increased consumer spending, and growing demand for personalized and luxury products across diverse sectors. Therefore, investors may consider fundamentally strong specialty retail stocks: Lululemon Athletica (LULU), Best Buy Co. (BBY), and Ulta Beauty (ULTA). Keep…

Buy or Hold for 3 Specialty Retailer Stock Picks?

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.

3 Retail Stocks Poised for Holiday Season Profits

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….

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American Airlines, Expedia, Wells Fargo Lead Gains Among Reader Favorites

Start of earnings season sees gains for financials.

Benzinga's Top Ratings Upgrades, Downgrades For July 28, 2022

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…

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…

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Best Buy Posts Q1 Earnings Miss, Slashes 2023 Sales Outlook; Stock Slides

Best Buy Posts Q1 Earnings Miss, Slashes 2023 Sales Outlook; Stock Slides

“Macro conditions worsened since we provided our guidance in early March ... those trends have continued into Q2 and, as a result, we are revising our sales and profitability expectations for the year," said CEO Corie Barry.

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

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…

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

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.

Peering Into Best Buy CO Inc's Recent Short Interest

Peering Into Best Buy CO Inc's Recent Short Interest

Best Buy CO Inc's (NYSE:BBY) short percent of float has fallen 4.6% since its last report. The company recently reported that it has 12.95 million shares sold short, which is 6.02% of all regular shares that are available for trading.

Why Best Buy Is Proving It's An Options Market Darling

Why Best Buy Is Proving It's An Options Market Darling

On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that Best Buy Co Inc (NYSE: BBY) witnessed “very extraordinary activity” on Monday.

Best Buy Could Climb This Much In The Next Few Weeks

Shares of Best Buy Co Inc (NYSE: BBY) Thursday spiked more than 9%, despite reporting downbeat fourth-quarter results.

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

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%,…

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What's Going On With Best Buy Shares Today?

Best Buy Co Inc (NYSE: BBY) is trading higher Thursday after the company reported fourth-quarter financial results and raised its quarterly dividend.

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