Best Buy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its fiscal first-quarter results on Thursday, May 30. We expect the retailer's stock to grow post-fiscal Q1 with revenues and earnings beating estimates slightly.
Beyond analysts' top -and-bottom-line estimates for Best Buy (BBY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2024.
Investors looking to generate passive income need to consider stocks that while well-known often get overlooked in the discussion for the top dividend ideas.
Retail sales in April remained unchanged, contrasting with a 0.6% increase in March and defying the 0.4% rise anticipated by economists.