Latest Articles
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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...
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Best Buy Rides Higher Comparable Sales To Solid Q4
Best Buy ‘s (NYSE:BBY) announced solid fourth quarter results, as both its revenue and earnings per share came in ahead of market expectations. In Q4, Best Buy’s revenue grew 14% year-over-year (y-o-y) to around $15.4 billion, largely...
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What To Expect From Best Buy’s Q4
Best Buy (NYSE:BBY) is scheduled to announce its fiscal fourth quarter results on Thursday, March 1. The company announced better-than-expected 2017 results so far, as both its revenue and earnings per share came in ahead of market expectations ...
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An Overview Of Best Buy’s 2017 Performance
Best Buy ‘s (NYSE: BBY) announced better-than-expected 2017 results so far, as both its revenue and earnings per share came in ahead of market expectations in the first two quarters, and its earnings per share came in line but revenue misse...
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Key Takeaways From Best Buy’s Q3
Best Buy ‘s (NYSE:BBY) announced mixed third quarter results, as its revenue missed market expectations and its earnings per share came in line. The company’s stock declined 4% after the earnings announcement. In Q3, Best Buy’s ...
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What To Expect From Best Buy’s Q3
Best Buy (NYSE:BBY) is scheduled to announce its fiscal third quarter results on Thursday, November 16. The company started the year on a strong note, beating earnings per share estimates and revenue estimates in both quarters. In Q2, Best Buy&#...
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Can Same Day Delivery Help Best Buy Boost Sales?
Last week, Best Buy (NYSE:BBY) announced its plans to significantly expand its same-day delivery service from 13 metro areas to 27, with plans to reach 40 markets by the holiday shopping season. This service will allow customers to purchase cer...
