Latest Articles
-
Key Takeaways From Best Buy’s Q2 Earnings
Best Buy (NYSE:BBY) announced better than expected second quarter results on Tuesday, with both its revenue and earnings beating market expectations. The company reported a top line of $8.5 billion which beat consensus estimates by $130 million....
-
Best Buy Q2 Earnings: What Are We Expecting?
Best Buy ‘s (NYSE:BBY) is scheduled to announce its second quarter results on Tuesday, August 23. The company reported better than expected results in the first quarter, with both revenue and earnings coming in ahead of the market expectati...
-
Here’s How Best Buy Can Benefit From The Growth In Virtual Reality
The Virtual Reality (VR) market is expected to witness tremendous growth in the next few years and a Forrester report estimates that the demand for VR headsets will reach 52 million units by 2020. This new technology presents a huge opportunity f...
-
How Will Best Buy’s International Division Perform In The Near Term?
Best Buy ‘s (NYSE:BBY) international division primarily includes its operations in Canada and Mexico. The company’s international revenue has been decreasing from $7.9 billion in 2011 to $3.2 billion in 2015. Best Buy witnessed a sign...
-
What Is Best Buy’s Fundamental Value Based On Expected 2016 Results?
Have more questions about Best Buy ? Click on the links below:+ Best Buy Earnings: Strong Performance in E-Commerce How Is Best Buy’s Revenue Composition Trending? How Much Is Best Buy’s Revenue And Gross Profit Expected To Ch...
-
How Much Will Best Buy’s Revenue and EBITDA Grow In The Next Five Years?
Have more questions about Best Buy ? Click on the links below: Best Buy Earnings: Strong Performance in E-Commerce How Is Best Buy’s Revenue Composition Trending? How Much Is Best Buy’s Revenue And Gross Profit Expected To Cha...
-
Why Is Best Buy Testing A New In-Home Consultation Service ?
Best Buy ‘s (NYSE:BBY) sales are increasingly threatened by Amazon, which is poised to overtake it in the consumer electronics segment. In response, Best Buy is testing a new in-home consultation service in three regions in the U.S. — A...
-
How Much Is Best Buy’s Revenue And Gross Profit Expected To Change In The Next Five Years?
Have more questions about Best Buy ? Click on the links below: Best Buy Earnings: Strong Performance in E-Commerce How Is Best Buy’s Revenue Composition Trending?
-
How Is Best Buy’s Revenue Composition Trending?
Have more questions about Best Buy ? Click on the links below: Best Buy Earnings: Strong Performance in E-Commerce How Much Is Best Buy’s Revenue And Gross Profit Expected To Change In The Next Five Years?
-
Best Buy Appoints A New CFO: Should This Transition Concern Its Investors?
Recently, Best Buy (NYSE:BBY) announced that Sharon McCollam, the company’s chief administrative and chief financial officer, will step down on June 14 th and will be replaced by Corie Barry, a 16-year veteran at the company and its current chi...
-
Best Buy Earnings: Strong Performance in E-Commerce
Best Buy (NYSE:BBY) delivered better than expected results in the first quarter of fiscal 2017 on May 24. On a constant currency basis, Enterprise revenue declined 0.8% year-over-year (y-o-y) to $8.44 billion, easily exceeding the Reuters’...
-
Best Buy Earnings Preview: International Declines To Continue
Best Buy (NYSE:BBY) is scheduled to announce its first quarter fiscal 2017 results on Tuesday, May 24. In Q4 2016, Enterprise revenue declined 4.1% year-over-year (y-o-y) to $13.6 billion. This decline was attributed to a 1.8% comp sales declin...
-
Same Day Delivery: Best Buy’s Plan to Take On Amazon?
Recently, Best Buy (NYSE:BBY) announced that it is expanding its test of same-day delivery to 13 major metroplitan markets across the United States. While the company had started this pilot in San Francisco last year, several other cities inc...
-
Best Buy And Its Battle Against Declining Trends In Tablets And Mobile Phones
Best Buy (NYSE:BBY) recently reported its earnings for Q4, 2016, which were better than the street estimates. The company reported non-GAAP EPS of $1.53 versus $1.48 last year. Overall revenues reported were $13.6 billion. Domestic revenue decli...
-
Disappointing Holiday Sales, But Is Best Buy On A Turnaround Track?
Best Buy (NYSE:BBY) released it December sales report, confirming that Holiday sales were weaker than hoped. Revenues declined a 0.8% year on year and same store sales were down 1.2%.. Based on this report, the company updated its fourth qua...
