Best Buy Co., Inc. (BBY)
Electronics Demand at Best Buy Wanes—But People Are Still Buying Laptops
Laptop demand is brisk at Best Buy, but sales are slowing for home theater equipment and other discretionary electronics.
BBY No Longer the "Best Buy" for Consumers?
Best Buy (BBY) became one of the worst performers on the S&P 500 following its mixed earnings report. Seth Basham calls the report "not very surprising" but notes potential green shoots in the company's 2025 outlook.
Best Buy CEO says higher costs from tariffs would mean higher prices for shoppers
Best Buy is bracing for Trump's proposed tariffs on imports from China and Mexico. "There's very little in the consumer electronics space that is not imported," CEO Corie Barry said.
Best Buy Co., Inc. (BBY) Q3 2025 Earnings Call Transcript
Best Buy Co., Inc. (NYSE:BBY ) Q3 2025 Earnings Conference Call November 26, 2024 8:00 AM ET Company Participants Mollie O'Brien - Head of Investor Relations Corie Barry - Chief Executive Officer Matt Bilunas - Chief Financial Officer Jason Bonfig - Senior Executive Vice President, Customer Offerings and Fulfillment Conference Call Participants Peter Keith - Piper Sandler Scot Ciccarelli - Truist Securities Anthony Chukumba - Loop Capital Markets Steven Forbes - Guggenheim Securities Joseph Feldman - Telsey Advisory Group Karen Short - Melius Research Seth Basham - Wedbush Securities Seth Sigman - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome to Best Buy's Third Quarter Fiscal 2025 Earnings Conference Call.
Hesitant Consumers Hurt Best Buy Results
Best Buy (BBY) shares slumped 8% Tuesday morning after the electronics retailer missed profit and sales estimates and slashed its guidance as consumers pulled back on spending ahead of the key holiday shopping season.
Best Buy Stock Is Sinking After Earnings. Here's Why
Best Buy is one of the worst S&P 500 stocks Tuesday after the retailer missed quarterly earnings expectations and slashed its full-year forecast.
Compared to Estimates, Best Buy (BBY) Q3 Earnings: A Look at Key Metrics
The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
2 Retail Stocks Reacting to Quarterly Reports
Shares of Dick's Sporting Goods Inc (NYSE:DKS) and Best Buy Inc (NYSE:BBY) are in focus today, after both retail giants reported third quarter results.
US Stocks Mixed; Best Buy Posts Downbeat Earnings
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 200 points on Tuesday.
Best Buy cuts guidance after softer pre-festive sales
Best Buy Co Inc (NYSE:BBY) shares dropped 2% pre-market after the electronics retailer cut guidance because of softer sales in the third quarter. Full-year comparable sales are now guided to decline 2.5% to 3.5%, compared to its previous forecast of a 1.5% to 3.0% drop.
Best Buy (BBY) Q3 Earnings and Revenues Lag Estimates
Best Buy (BBY) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.29 per share a year ago.
Best Buy's stock slides as ‘softer-than-expected' demand leads to sales, earnings miss
Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to softer-than-expected demand, according to Best Buy CEO Corie Barry.
