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Best Buy Q2 Earnings Call Highlights
MarketBeat23d agobullish
Best Buy Q2 Earnings Call Highlights

Best Buy (NYSE:BBY) reported second-quarter fiscal 2027 results that exceeded its prior expectations, supported by growth in computing, home theater, mobile phones and newer product categories. The company raised its full-year outlook while outlining continued investments in retail media, its third-

Best Buy raises annual forecast after quarterly profit beats estimates
Proactive23d agobullish
Best Buy raises annual forecast after quarterly profit beats estimates

Best Buy Co Inc (NYSE:BBY) raised its annual sales and profit forecast on Thursday after posting second-quarter results that topped Wall Street expectations, even as shares fell 5%. The consumer electronics retailer reported revenue of $9.8 billion for the quarter, above analyst estimates of...

Best Buy Raises Outlook as Sales Grow
The Wall Street Journal23d agobullish
Best Buy Raises Outlook as Sales Grow

The company now forecasts full-year adjusted earnings per share of $6.70 to $6.90, up from its prior guidance of $6.30 to $6.60.

Best Buy's new CEO surprises investors with peculiar plan
TheStreet47d agobullish
Best Buy's new CEO surprises investors with peculiar plan

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 ...

Best Buy (BBY) Stock Still Trades At A Discount On Earnings
Simply Wall St.73d agobullish
Best Buy (BBY) Stock Still Trades At A Discount On Earnings

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...

Best Buy bets big on controversial partner
TheStreet101d agobullish
Best Buy bets big on controversial partner

It wasn’t all that long ago that smart glasses and VR headsets felt like something straight out of an episode of an episode “The Jetsons” or a science fiction novel, not something you could find on store shelves. Now, not only can you buy these wearable computers, but you can actually try them on ...

Best Buy (BBY) Q1 2027 Earnings Transcript
Motley Fool113d agobullish
Best Buy (BBY) Q1 2027 Earnings Transcript

Joining me on the call today are Corie Barry, our CEO; Matt Bilunas, our Chief Financial and Strategy Officer; and Jason Bonfig, our Chief Customer, Product and Fulfillment Officer. During the call today, we will be discussing both GAAP and non-GAAP financial measures. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures and an explanation of why these non-GAAP financial measures are useful can be found in this morning's earnings release, which is available on our website, investors.bestbuy.com.

Here Are Friday’s Top Wall Street Analyst Research Calls: Best Buy, Cogent Communications, Dell Technologies, EPAM Systems, Federal Realty, Gap, Snowflake, Viper Energy, and More
24/7 Wall St.113d agobullish
Here Are Friday’s Top Wall Street Analyst Research Calls: Best Buy, Cogent Communications, Dell Technologies, EPAM Systems, Federal Realty, Gap, Snowflake, Viper Energy, and More

Pre-Market Stock Futures: Futures are trading higher after yet another winning day for Wall Street, as all major indices finished the day higher after starting the session lower. Once again, all four indices we track for readers posted all-time highs as the AI/Data Center, Memory Chip rally continues to roll on. Healthcare and consumer stocks ... Here Are Friday’s Top Wall Street Analyst Research Calls: Best Buy, Cogent Communications, Dell Technologies, EPAM Systems, Federal Realty, Gap, Snowfl