Latest Articles
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Three Factors That Could Significantly Increase Our Valuation Of Best Buy
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What Could RadioShack’s Bankruptcy Mean For Best Buy?
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Best Buy Canada And Future Shop To Be Consolidated In An Effort To Cut Costs
[trefis_forecast ticker=”BBY” driver=”1484″] Impact of Restructuring Expenses Best Buy expects to post restructuring charges and non-restructuring impairments of between C$250-million and C$350-million (U$200-million to ...
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Here’s What Best Buy Plans To Do In FY 2016
See our full analysis for Best Buy Launch of The Second Phase of Renew Blue The company has set itself a target of approximately $400 million in cost reductions and gross profit optimization, over the next three years. As these savings are ex...
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Best Buy Ends FY 2015 On A High Note. Large Screen Televisions And Mobile Phones Drive Q4 Growth.
Other Sources: Best Buy Q4 2015 Results – Earnings Call Transcript, Seeking Alpha Best Buy Investor Relations
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Four Key Steps Best Buy Has Taken This Far In 2015
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Why We Think Best Buy’s FY’16 Bets Make a Lot More Sense
See our full analysis for Best Buy Ultra HD, also colloquially called “4K,” is the latest technology in televisions. These have 4 times the resolution of a standard 1080p television and the television industry expects this next-gen technology...
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Best Buy Reports Positive Results Too, But Remains Cautious About FY’16
The 2014 holiday season started with low market expectations and some concerns raised by industry experts about the impact of aggressive discounting to which retailers are resorting. According to the NRF foundation, sales in November and December...
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Best Buy Margins To Remain Under Pressure
Best Buy (NYSE:BBY), the largest specialty retailer of consumer electronics in the U.S., reported surprisingly strong Q3 2015 earnings earlier this month. The company reported $9.4 billion in sales, up 5.4% sequentially and a roughly flat 0.6% ye...
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Best Buy Beats Its Q3’14 Guidance As Its Renew Blue Initiative Starts To Pay Off
Best Buy (NYSE:BBY), the largest specialty retailer of consumer electronics in the U.S., reported surprisingly strong Q3 2015 earnings on November 20th. The company reported $9.4 billion in sales, up 5.4% sequentially and a roughly flat 0.6% year...
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Q3’15 Will Not Provide Any Relief For Best Buy As It Faces A Weak Consumer Electronics Market
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), will report its Q3 2015 earnings on November 20th. (The fiscal year ends in January.) A weak consumer electronics market, as well as growing competition fro...
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Best Buy Reports Dissapointing Sales & Outlook, But Strong Expense Control Improves Non-GAAP Earnings
As anticipated, Best Buy (NYSE:BBY) reported another quarter of declining sales in Q2 2015 (reported on August 26). At $8.9 billion, revenue declined 4% annually and 1.5% sequentially. However, supported by the company’s ongoing benefits of...
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Best Buy’s Q2’15 Sales To Be Impacted By The Weak Consumer Electronics Market But Long-Term Prospects Remain Positive
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), will report its Q2 2015 earnings on August 26. (Fiscal years end with January.) A weak consumer electronics market, as well as growing competition from reta...
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Why Best Buy’s Gross Margin Will Continue Declining
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), has witnessed eroding top line growth on account of growing competition from retail giants, including Amazon (NASDAQ:AMZN) and Wal-Mart (NYSE:WMT). However...
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This Red-Hot Retailer Just Won Our “Buy” Rating
Submitted by Wall St. Daily as part of our contributors program This Red-Hot Retailer Just Won Our “Buy” Rating On the merits of a surprisingly strong performance since mid-May, the retail sector just inched into positive territory f...