News

Best Buy raised its annual sales forecast on Thursday, saying the latest round of stimulus checks had kept consumers buying home electronics, while acknowledging that a reopening economy threatens ...
Piper Sandler analyst Peter Keith recently downgraded Best Buy to neutral from overweight with a price target of $75, down ...
Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, ... Deerfield-based maker of IV fluid and pharmaceuticals, expects tariff impact of $60M to $70M.
The electronics retailer saw sales fall to $16.37 billion in the three months ended Jan. 29, down from $16.94 billion a year ago, but comparable sales grew 10.4% and shares rose 9%.
Best Buy released it December sales report, confirming that Holiday sales were weaker than hoped. Revenues declined a 0.8% year on year and same store sales were down 1.2%.. Based on this report ...
Including the impact of tariffs as they currently stand, Best Buy now expects adjusted fiscal 2026 earnings of $6.15 a share to $6.30 share, down from its earlier estimate of $6.20 a share to $6. ...
Dive Brief: Best Buy on Wednesday joined other retailers in lowering its guidance in key metrics, saying that demand for electronics has tempered. The retailer now expects Q2 comp sales to fall ...
Best Buy reported a 4.8% decline in Q4 FY25 sales to $13.948 billion, surpassing analyst estimates. For the first quarter of FY26, the company expects comparable sales to be slightly down to last ...
Best Buy's comparable sales growth has been negative since 2011, except for fiscal year 2015, where it stood at +0.5% (excluding the impact of installment sales).
Best Buy (BBY) shares plunge after ... and the 25% in Mexico and Canada, we think there could be over three percentage points impact on sales growth, uh, for the next year for Best Buy.
Best Buy sales and profits slid in the second quarter as the nation’s largest consumer electronics chain continues to wrestle with a pullback in spending on gadgets after Americans splurged ...