U.S. electronics retailer Best Buy forecast second-quarter sales above Wall Street expectations after beating Q1 estimates on Thursday, amid steady demand for laptops and smartphones and growth in its ads and marketplace channels. CEO Corie Barry is set to step down at the end of October and will be succeeded by Jason Bonfig, a company veteran who is expected to focus on expanding its higher-margin advertising and marketplace businesses. Best Buy has been "scaling new profit streams like Best Buy Ads and Marketplace that we expect to provide considerable benefit over time," Barry said.
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Best Buy Co., Inc. will release earnings for its first quarter before the opening bell on Thursday, May 28. Analysts expect the company to report quarterly earnings of $1.23 per share, up from $1.15 per share in the year-ago period....
This marks the first report since the company announced CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.
This marks the first report since the company announced CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.
This marks the first report since the company announced CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.
Electronics retailer Best Buy (NYSE:BBY) will be reporting earnings this Thursday morning. Here’s what investors should know.
Best Buy's (BBY) Q1 print is expected to show that the company has been able to navigate a volatile
Yahoo Finance Executive Editor welcomes Great Hill Capital Chairman and Managing Member Thomas Hayes, Yahoo Finance Senior Reporter Brooke DiPalma, and Senior Business Reporter Ines Ferre to discuss Opening Bid's stock of the day, DRAM (DRAM), the memory-focused ETF that has rapidly become the fastest-growing ETF in history amid soaring demand for AI infrastructure and memory chips.
BMO Financial Group recently launched a collaboration with Best Buy Canada, offering eligible post-secondary students who open and fund a BMO Student Chequing Account a C$200 Tech Reward that can be used on a curated range of products from brands such as Sony, JBL, Nespresso, Dyson and Google Fitbit. At the same time, Best Buy is preparing for an upcoming earnings report while managing product shortages and a pending CEO transition, which together are shaping how investors think about its...
Best Buy (BBY) is expected to report in-line comparable sales for the first quarter and issue a cons
Besides Wall Street's top-and-bottom-line estimates for Best Buy (BBY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2026.
The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.
Best Buy (BBY) heads into its May 28 earnings release with expectations for higher revenue, but recent commentary points to cautious sentiment around the likelihood of an earnings beat and near term stock reaction. See our latest analysis for Best Buy. With the share price at $61.15, Best Buy’s 7 day share price return of 7.9% contrasts with a year to date share price decline of 11.6% and a 1 year total shareholder return decline of 8.7%. This suggests momentum has picked up recently even as...
Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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A number of stocks fell in the afternoon session after April PPI hit 6% annually, the highest in over three years, confirming that wholesale cost pressures were accelerating just as consumer real wages turned negative for the first time since 2023.
Best Buy (NYSE:BBY) is partnering with Ikea to offer in store technology and appliance consultation services. The partnership gives Ikea shoppers access to Best Buy experts for product advice, configuration, and ordering support. Best Buy will provide consultation and ordering services from within Ikea locations, creating a new customer touchpoint for the retailer. Best Buy enters this partnership with Ikea at a time when its stock has been under pressure, with NYSE:BBY down 18.6% year to...
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As Best Buy has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about the stock’s prospects.
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The project at two Ikea locations builds on the retailers' existing shop-in-shop partnership at Best Buy.
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Best Buy’s fair value anchor holds at US$72.50, signaling no shift in the core price target used in this latest update. That stability comes as analysts remain split but generally cautious, with some raising targets on stronger Q4 execution while others trim expectations on softer traffic and competitive pressure in consumer electronics. As you read on, you will see how this steady US$72.50 view fits into the back and forth in analyst opinions and what to watch as the story continues to...