Best Buy (NYSE:BBY)

Store Closing

Best Buy Needs to Close 200 Stores

In 2012, Best Buy Co. Inc. (NYSE: BBY) posted sales of $50 billion and a net income of over $2.2 billion. Those numbers have dwindled to slightly under $40 billion ...
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bull and bear

Top Analyst Upgrades and Downgrades: Applied Materials, Best Buy, Nokia, CSC, HPE, Monsanto, Noble Energy, Western Digital and More

Stocks were indicated higher on Wednesday morning, after a strong housing number took the Dow Jones Industrial Average up 213 points to 17,706 on Tuesday. Even with the notion of ...
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BestBuy storefront OK

Best Buy Memorial Day Appliance Sale Offers Big Savings

The Memorial Day holiday has come to be acknowledged as the unofficial beginning of summer. A graphic from research firm WalletHub at the end of this story summarizes many of ...
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sadness check box

Why Best Buy Investors Are Unimpressed With Earnings Beat

Best Buy Co. Inc. (NYSE: BBY) reported its fiscal first-quarter financial results before the markets opened on Tuesday. The company said it had $0.44 in earnings per share (EPS) on ...
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Best Buy

What to Look for in Best Buy Earnings

Best Buy Co. Inc. (NYSE: BBY) is scheduled to release its fiscal first-quarter earnings report before the markets open on Tuesday. The consensus estimates call for $0.35 in earnings per ...
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Profit or Loss

Top 9 Earnings to Look for Next Week

24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this coming week. We are just exiting the main earnings season, but ...
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VR

Best Buy to Unveil Oculus Rift VR Headsets

About two years ago, Facebook Inc. (NASDAQ: FB) paid a reported $2 billion to acquire virtual reality (VR) headset maker Oculus Rift. And despite delays getting the product out the ...
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Best Buy store

Why Best Buy Offers Sharp Discounts on Some Items

Best Buy Co. Inc. (NYSE: BBY) offers sharp discounts on some of the items sold at BestBuy.com. There are several reasons the consumer electronics retailer may do this. Among them ...
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Shoppers

Barclays Issues Controversial Retail Coverage on Top Retailers

If you ever want to know what happens when you see an analyst issue new coverage that goes against the grain and goes against what is popular, look no further ...
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bull and bear

Top Analyst Upgrades and Downgrades: Adobe, Best Buy, Fitbit, Home Depot, Lululemon, Micron and More

Stocks were indicated marginally higher on the last day of the quarter, with the Dow coming into Thursday up about 300 points year to date. With stocks positive in 2016, ...
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Best Buy

Best Buy Wants Customers to Clean Up

Now that the big holiday gift-giving seasons are behind us, retailers have to pin their hopes for sales on more general occasions, like the beginning of spring. Best Buy Co. ...
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Best Buy store

Best Buy Earnings Skewed by Dividend and Buyback

The Best Buy Co. Inc. (NYSE: BBY) earnings report was deemed less than great, despite being slightly ahead of earnings estimates. The electronics and home appliances retail giant posted $1.53 ...
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Best Buy store

What to Expect From Best Buy Earnings

Best Buy Co. Inc. (NYSE: BBY) is set to report its fiscal fourth-quarter financial results before the markets open on Thursday. The consensus estimates call for $1.39 in earnings per ...
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Lumber stack

Top Retail Earnings for the Week Ahead

24/7 Wall St. has put together a preview of some of the major retailers that will be reporting their quarterly earnings in the coming week. We are just entering into ...
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Best Buy

Best Buy Promoting Fitbit This Week

Fitbit Inc. (NYSE: FIT) is scheduled to report fourth-quarter results after markets close on Monday, but even a positive outcome may be clouded by recent reports that the company's heart ...
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