2023 Holiday Shopping, Black Friday Survey Reveals Amazon, Walmart As Winners: A Look At The Trends - Best Buy Co (NYSE:BBY), Amazon.com (NASDAQ:AMZN)
The 2023 holiday shopping season started for many and will kick into high gear for others with the annual Black Friday shopping holiday, which offers discounts from a number of publicly traded reta...
NVIDIA Brings the Goods on Q3 Earnings; URBN Beats, JWN Mixed
Good news for NVIDIA owners: the company was able to outdo even its extraordinary expectations in the quarter.
Why Best Buy can handle the pressure of lower demand
Shares of Best Buy (BBY) traded lower on Tuesday as the company reported a fall in comparable sales for the eighth straight quarter. According to Reuters, Best Buy forecasted a bigger decline in an...
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout counter.
Best Buy flags weakening consumer demand heading into holiday shopping season
Elevated interest rates, a shift to spending on services from goods and a resumption in student loan repayments have further strained appetite for electronics and home-office products.
Midday Movers: Best Buy and Lowe's Drop, Newmont and Freeport-McMoRan Gain
U.S. equities were down at midday as a string of retailers warned about consumer spending heading into the key holiday shopping season. The Dow, S&P 500, and Nasdaq all fell.
Best Buy Shares Fall After Cutting Its Outlook, Citing 'Uneven' Demand
Best Buy (BBY) shares slumped as the electronics retailer's sales declined and it cut its guidance on a slowdown in consumer spending.
Best Buy (BBY) Q3 Earnings Beat Estimates, Sales View Down
Best Buy (BBY) reports third-quarter fiscal 2024, wherein its enterprise revenues decline by 7.8% year over year due to a 6.9% fall in comparable sales.
Best Buy Co., Inc. (BBY) Q3 2024 Earnings Call Transcript
Best Buy Co., Inc. (NYSE:BBY ) Q3 2024 Earnings Call Transcript November 21, 2023 8:00 AM ET Company Participants Mollie O'Brien - VP, IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Partic...
Best Buy Misses on Sales and Lowers Guidance. Consumer Demand Is 'Uneven.
The company's earnings came in ahead of expectations, but revenue trends are still choppy.
Best Buy cuts guidance on softer-than-expected third quarter sales
Best Buy Co shares slipped 3.0% in pre-market trading after the retailer cut full-year guidance as a fall in the sales of appliances led to softer-than-expected third quarter sales. The Richfield,...
Why Bulls Are Placing Bets on Best Buy Stock
Options bulls have their eyes set on Best Buy Co Inc (NYSE:BBY) ahead of the retailer's third-quarter earnings report, due before tomorrow's open.
Down 15% This Year, Where Is Best Buy Stock Headed Post Q3?
We expect the retailer's stock to increase post-fiscal Q3 with revenues and earnings beating estimates slightly.
Evercore ISI's Melich on Best Buy Sales, Upcoming 3Q Results
Evercore ISI Senior Managing Director discusses Best Buy ahead of 3Q results next week. He joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations ...
Best Buy: The 5% Dividend Is Not Worth The Risk
Best Buy's 5% dividend yield makes this a tempting buy for income. However, I would not recommend starting a position here. The company's slow adaptation to the changing economy and insufficient st...
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