Best Buy (NYSE:BBY) has appointed Anne Bramman as Chief Financial Officer and Executive Vice President. Bramman is scheduled to assume the role on August 19, 2026. She brings experience from senior finance and analytics roles at Nordstrom, Circana, Avery Dennison, and Carnival Cruise Line. Best Buy enters this leadership change with its stock at $85.25 and a mixed performance profile. The share price is up 23.2% year to date and 34.4% over the past year, while the 5 year return is down...
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Ann Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years.
Shares of electronics retailer Best Buy (NYSE:BBY) fell 2.8% in the afternoon session after BofA Securities resumed coverage on the stock with an underperform rating. The bank set a price target of $80, below the stock's recent trading price. An "underperform" rating suggests an analyst believes the stock is likely to do slightly worse than the overall market. The negative sentiment was compounded by leadership uncertainty, as the company is searching for a new Chief Financial Officer (CFO) foll
Best Buy stock has delivered a strong 42.0% return over the past year, and at around US$86.26 the valuation picture now looks more balanced than clearly cheap or clearly expensive. After this run, the current checks suggest the market is closer to fair on Best Buy rather than offering a straightforward bargain. The 42.0% 1 year return shows investors have been willing to re rate Best Buy, which raises the bar for what the current price implies about its prospects. Incoming CEO Jason Bonfig's...
In recent weeks, incoming Best Buy CEO Jason Bonfig has outlined plans to expand into smaller-format stores in previously unserved communities while pushing further into higher-margin areas such as Best Buy Ads, Marketplace, and broader technology services. This shift suggests Best Buy is repositioning itself beyond big-box electronics retail toward a more diversified role spanning retail, media, and technology solutions. Next, we’ll examine how this push into smaller-format stores and...
Why Best Buy’s new store format and earnings surprise matter for investors Best Buy (BBY) has gained fresh attention after an earnings report that came in ahead of expectations and a 15% share price move, alongside plans for smaller-format stores in previously unserved communities. Incoming CEO Jason Bonfig is also highlighting higher-margin services such as Best Buy Ads and Best Buy Marketplace, which gives investors fresh context for assessing how the company might balance its large store...
Best Buy (BBY) has spent years trying to shake off a sales slump, and its next leader thinks part of the answer is smaller buildings. Jason Bonfig, who becomes Best Buy's sixth chief executive on November 1, told CNBC that he wants to open compact stores in towns and neighborhoods that its ...
Wall Street analysts are reshuffling their bets heading into August, and some of the calls on Monday target names that range from a crypto giant to a coffee behemoth to a semiconductor darling. Find out which stocks just got slapped with new downgrades and which ones earned fresh upgrades.
Best Buy is expected to announce its second-quarter results soon, with consensus estimates calling for modest single-digit EPS growth.
The electronics retailer reported a key insider's stock sale amidst a rising share price.
Duane Scarboro is responsible for sourcing, supply chain, fulfillment, delivery and service in the new role, which went into effect last week.
The analyst fair value estimate for Best Buy has shifted from US$72.50 to US$79.15, signaling a recalibration of where the stock might reasonably trade. This change aligns with Street research that balances upbeat reactions to stronger than expected Q1 results and product cycle support against concerns around leadership transitions, competitive pressures, and consumer electronics demand. As you read on, you will see how these moving pieces fit together and how to keep track of the evolving...
Both Best Buy and Visa just flashed the same bullish technical signal, but one stock has already sprinted past its analyst target while the other sits on a very different runway. Here is what separates a potential value trap from a compounder worth owning.
Best Buy Co Inc (NYSE:BBY)'s early bet on RGB TV is starting to pay off, Jefferies says, pointing to rising site traffic and social media buzz as signs the retailer is building consumer awareness of the emerging technology. Jefferies analysts flagged that Best Buy holds exclusive rights to...
Best Buy dominates in absolute scale, but GameStop's profit margins tell a starkly different story.
The S&P 500 barely yields 2%, yet four stocks hiding in plain sight across airlines, semiconductors, PCs, and consumer electronics are paying well above 4% with the cash flow to back it up. Most dividend investors never think to look here.
Best Buy Co., Inc. (NYSE:BBY) is one of the dividend stocks picked by financial media as investors ask whether dividend stocks are tax-efficient. On May 28, Best Buy reported Q1 FY27 results and said it returned $202 million to shareholders through dividends during the quarter. The company also said its board authorized a regular quarterly […]
Why Best Buy’s RGB LED TV Launch Matters for the Stock Best Buy (BBY) has rolled out RGB LED TVs across nearly all its stores, supported by exclusive partnerships with major TV brands and extensive staff training, creating a differentiated in-store and online offering. For investors watching Best Buy stock, this product launch is tied to a category where millions of households periodically replace TVs, and it comes with integrated services such as free delivery, installation and haul away on...
Best Buy stock has delivered a 15.0% return over the past year, yet its valuation checks still suggest the shares lean cheap rather than fully priced in. With the stock recently closing at US$78.72, investors are weighing how much of that performance is already reflected in the current multiples. Over the last 1 year, Best Buy has returned 15.0%, which puts a spotlight on whether the recent gain is supported by fundamentals. For Best Buy, expectations around how reliably it can convert sales...
In June 2026, Best Buy introduced RGB LED TVs nationwide through exclusive partnerships with Samsung, Sony, LG, TCL and Hisense, offering free delivery, installation and haul-away with most purchases and showcasing screen sizes from 50 inches up to 116 inches. This rollout positions Best Buy as the only national retailer where shoppers can experience this new RGB LED standard in person, supported by more than 15,000 specially trained Blue Shirts to guide complex home theater upgrade...
Data from Placer.ai showed the strength of deal-driven consumers.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Best Buy (NYSE:BBY) and its peers.
Best Buy posted fiscal Q1 revenue of $8.94 billion and adjusted EPS of $1.28, beating estimates, with comparable sales up 2% and margins edging higher despite soft appliance demand.
While the decline of brick-and-mortar storefronts has been well documented, Best Buy plans to open new stores in 2027.
Is BBY a good stock to buy? We came across a bullish thesis on Best Buy Co., Inc. on MaxDividends’s Substack by Serhio MaxDividends. In this article, we will summarize the bulls’ thesis on BBY. Best Buy Co., Inc.’s share was trading at $77.63 as of June 24th. BBY’s trailing and forward P/E were 14.38 and 11.85 […]
RETAIL Richfield-based electronics retailer Best Buy Co. announced that Matt Bilunas will step down as chief financial officer and depart the company at the end of July. The company is conducting an external search for a successor in conjunction with the appointment incoming CEO Jason Bonfig. Current CEO Corie Barry, who previously served as CFO, will provide financial oversight during the ...
Best Buy Co., Inc. recently announced that long-time finance leader Matt Bilunas will step down as Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy, leaving the company on July 31, 2026, with CEO Corie Barry prepared to provide interim financial oversight while an external search identifies a successor with prior CFO experience. These leadership moves come as Best Buy’s board and investors weigh executive succession, governance priorities and evolving...
Best Buy Co Inc (NYSE:BBY) is positioned for a new phase of growth under incoming CEO Jason Bonfig, according to Jefferies analysts, who said that recent discussions with the executive left them increasingly confident in the company’s outlook amid shifting dynamics in consumer...