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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...

Verizon Communications is cutting around 3,000 more jobs, reducing the number of company-owned retail stores, and realigning its structure as the nation’s largest wireless carrier continues to cut costs under new CEO Daniel Schulman. Verizon will lay off 2,500 retail workers and 500 corporate employees, and will sell 274 of its corporate-owned stores to bring the overall number down to about 1,000, the company told Barron’s Thursday. Barron’s reported earlier this week that Verizon would announce layoffs on Thursday.

The video game retailer's stock looks cheap, but the market has its reasons for doubt. Here's how to tell if the discount is a gift or a warning.

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.

Mid-cap stocks have the best odds of scaling into $100 billion corporations thanks to their tested business models and large addressable markets. But the many opportunities in front of them attract significant competition, spanning from industry behemoths with seemingly infinite resources to small, nimble players with chips on their shoulders.

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...

Michael Creedon, CEO of Dollar Tree, and Anneliese Olson of HP Inc. will both join the Domino's audit committee

Best Buy dominates in absolute scale, but GameStop's profit margins tell a starkly different story.

American Express, Biogen upgraded: Wall Street's top analyst calls

Take-Two Interactive Software's (TTWO) "Grand Theft Auto VI" pre-order tracking suggests "robust" de

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.

Retailers are overhauling their operations as technology redefines the shopping experience. Still, secular trends are working against them as e-commerce continues to take share from brick-and-mortar stores. This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 1.8%. This drop was disappointing since the S&P 500 climbed 7.2%.

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...

While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.

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...

One navigates a $22B acquisition and high growth; the other offers stable cash flow and a 9.4% net margin.

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 […]

ELG intends to grow its position in US multi-brand luxury retail through a model spanning physical stores, digital commerce and remote selling channels.

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 ...

UBER is expanding Uber Eats with new retailers, pushing beyond food delivery into everyday needs, from skincare and shipping to pet supplies.

Apple has hiked prices on some of its most popular products, including the MacBook and iPad, because of the rising costs of memory and storage chips sparked by the AI boom.

Uber adds five retail partners to Uber Eats

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...