Latest Articles
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What To Expect From Best Buy’s Fiscal Q1?
Best Buy (NYSE: BBY) is scheduled to announce its fiscal first quarter results on Thursday, May 23. In fiscal 2019, Best Buy’s comparable sales were up 4.8% and its online sales grew 10.5% on a comparable basis, primarily due to higher conv...
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How Did Best Buy Fare In Q4, And What Can We Expect In Fiscal 2020?
Best Buy (NYSE: BBY) announced solid fourth quarter results recently, as both its revenue and earnings per share came in ahead of market expectations. In Q4, Best Buy’s comparable sales were up 3% during the quarter, which topped the consen...
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Can Best Buy Keep Beating Expectations In Q4?
Best Buy (NYSE: BBY) is scheduled to announce its fiscal fourth quarter results on Wednesday, February 27. The retailer’s revenue and earnings per share came in ahead of market expectations so far this year. In the first nine months of fisc...
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Why Has Best Buy’s Share Price Tanked By Nearly 30% Over This Year?
Best Buy’s (NYSE: BBY) revenue and earnings per share came in ahead of market expectations so far this year. In the first nine months of fiscal 2019, the company’s revenue grew 5% year-over-year (y-o-y) to around $28 billion, largely...
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Can Best Buy End Fiscal 2019 On A Strong Note?
Best Buy (NYSE:BBY) announced solid third quarter results recently, as both its revenue and earnings per share came in ahead of market expectations. In Q3, Best Buy’s revenue grew 3% year-over-year (y-o-y) to around $9.6 billion, largely du...
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Can Best Buy Keep Beating Expectations In Q3?
Best Buy (NYSE: BBY) is scheduled to announce its fiscal third quarter results on Tuesday, November 20. The company has had a better-than-expected fiscal year so far, as both its earnings and revenues came in ahead of market expectations for the ...
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A Look At Best Buy’s Valuation
Best Buy (NYSE: BBY) is executing on its strategy to cut costs, optimize square footage, grow online sales and stabilize its revenue stream. The retailer returned to real growth in fiscal 2018, with revenue growth of 7% y-o-y to around $42 billio...
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How Much In Online Revenue Can Best Buy Generate In The Next Three Years?
E-commerce currently accounts for around 14% of Best Buy ‘s (NYSE:BBY) total revenue, but the company has been emphasizing e-commerce growth going forward, in order to remain competitive in the Amazon (NASDAQ: AMZN) dominated retail market....
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Can Best Buy Keep Beating Estimates In The Second Half Of 2018?
Best Buy (NYSE:BBY) announced better-than-expected second quarter results on Tuesday, as both its revenue and earnings per share came in ahead of market expectations. However, the stock still fell as the retailer’s aggressive push to keep u...
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What To Expect From Best Buy’s Q2
Best Buy (NYSE:BBY) is scheduled to announce its fiscal second quarter results on Tuesday, August 28. The company announced better-than-expected first quarter results, as both its revenue and earnings per share came in ahead of market expectatio...
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Why Best Buy Is Acquiring GreatCall For $800 Million
Best Buy (NYSE:BBY) recently announced the acquisition of GreatCall, a provider of connected health and personal emergency response services primarily to seniors, for $800 million in cash. The service already has more than 900,000 paying subscr...
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How Is Best Buy Likely To Grow In The Next 2 Years?
Best Buy (NYSE:BBY) is executing on its strategy to cut costs, optimize square footage, grow online sales and stabilize its revenue stream. The retailer returned to real growth in fiscal 2018, with revenue growth of 7% y-o-y to around $42 billion...
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What Is Driving Our $74 Price Estimate For Best Buy?
Best Buy (NYSE:BBY) had a fairly strong fiscal 2018 (ended January 2018), as the company’s performance was mostly above its guidance and market expectations. The retailer is executing on its strategy to cut costs, optimize square footage, g...
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Best Buy Beats Q1 Estimates On Higher Comparable Sales
Best Buy (NYSE:BBY) announced better-than-expected first quarter results on Thursday, as both its revenue and earnings per share came in ahead of market expectations. However, the stock still fell as the retailer’s aggressive push to keep u...
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Can Best Buy Keep Beating Expectations in Q1?
Best Buy (NYSE:BBY) is scheduled to announce its fiscal first quarter results on Thursday, May 24. We have created an Interactive Dashboard which outlines our forecasts for the company’s Q1 and expectations for its fiscal 2019 results. Y...
