Best Buy's Growth Will Be Driven By AI And Margin Expansion Despite Mixed Sector Challenges: Analysts
Several analysts raised the price target on Best Buy Co., Inc. BBY following better-than-expected second-quarter financial results reported Thursday.
Best Buy Analysts Boost Their Forecasts After Upbeat Earnings
Best Buy Co., Inc BBY reported better-than-expected second-quarter financial results raised its FY25 earnings guidance on Thursday.
Downturn, What Downturn As Best Buy Leads Out Strong Retail Results
In an unreliable world, the one place you can place your money is on the fact that the American consumer gonna keep on spendin'.
Best Buy Refines Customer Experience With Personalized Tech and AI-Driven Solutions
For Best Buy CEO Corie Barry, elevating the customer experience is paramount. Despite recent challenges in the home theater, gaming and appliances categories, Barry is steering the company toward a more personalized and engaging shopping journey.
Best Buy beats earnings expectations despite revenue decline
Best Buy Co Inc (NYSE:BBY) reported better-than-expected earnings for its fiscal second quarter of 2025, despite a year-over-year decline in revenue. The electronics retailer's revenue for the quarter ending August 3, 2024, came in at $9.29 billion, down 3.1% from the same period last year.
Why Best Buy's Stock Hit Its Highest Point in Over Two Years Today
Best Buy (BBY) shares surged Thursday, reaching their highest point in more than two years, after its second-quarter earnings surpassed estimates and and the company said it expects to be more profitable than expected for the full fiscal year despite declining sales projections.
Jobless Claims Tick in Low, But Higher Than Expected
Jobless Claims Tick in Low, But Higher Than Expected.
Best Buy Co., Inc. (BBY) Q2 2025 Earnings Call Transcript
Best Buy Co., Inc. (NYSE:BBY ) Q2 2025 Earnings Call Transcript August 29, 2024 8:00 AM ET Company Participants Mollie O'Brien - VP of IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Scot Ciccarelli - Truist Securities Michael Lasser - UBS Mike Baker - D.A. Davidson Greg Melich - Evercore ISI Steve Zaccone - Citi Steven Forbes - Guggenheim Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan Operator Ladies and gentlemen, thank you for standing by.
Jobless Claims, Q2 GDP Up Slightly; Q2 Earnings from BBY, DG, MBUU
Weekly Jobless Claims, a revision to Q2 GDP, Retail/Wholesale Inventories and the latest Advances Trade Balance join a flurry of late Q2 earnings reports ahead of today's opening bell.
Best Buy Stock Flashes Bullish Signal, Challenges Remain
Best Buy NYSE: BBY has been attempting to navigate a difficult retail sector environment marked by declining sales and increased competition from e-commerce giants. Best Buy's earnings report for the second quarter of fiscal year 2025 (Q2 FY2025) was recently released, offering some promising signals for investors.
Why Best Buy Stock Just Jumped 16.5%
Best Buy stock beat revenue and earnings forecasts this morning. Sales declined, but profit margins improved, resulting in 7% profit growth.
Here's What Key Metrics Tell Us About Best Buy (BBY) Q2 Earnings
The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
