Best Buy Co Inc Stock News

Elevated interest rates, a shift to spending on services from goods and a resumption in student loan repayments have further strained appetite for electronics and home-office products.

U.S. equities were down at midday as a string of retailers warned about consumer spending heading into the key holiday shopping season. The Dow, S&P 500, and Nasdaq all fell.

Best Buy (BBY) shares slumped as the electronics retailer's sales declined and it cut its guidance on a slowdown in consumer spending.

Best Buy (BBY) reports third-quarter fiscal 2024, wherein its enterprise revenues decline by 7.8% year over year due to a 6.9% fall in comparable sales.

It's a big morning for fiscal Q3 earnings in the Retail space this morning, ahead of the long-awaited earnings.

Best Buy Co., Inc. (NYSE:BBY ) Q3 2024 Earnings Call Transcript November 21, 2023 8:00 AM ET Company Participants Mollie O'Brien - VP, IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participa

Stocks are down on Tuesday as investors wait for the minutes from the Federal Reserve meeting to be published later today. The Fed will release the minutes from its latest meeting at 2:00 p.m.

The company's earnings came in ahead of expectations, but revenue trends are still choppy.

Best Buy Co shares slipped 3.0% in pre-market trading after the retailer cut full-year guidance as a fall in the sales of appliances led to softer-than-expected third quarter sales.  The Richfield, M

Best Buy Co. Inc.'s stock BBY fell 2.4% in premarket trade Tuesday, after the electronics retailer posted weaker-than-expected third-quarter revenue and lowered guidance to reflect a choppy and uncert

Options bulls have their eyes set on Best Buy Co Inc (NYSE:BBY) ahead of the retailer's third-quarter earnings report, due before tomorrow's open.

We expect the retailer's stock to increase post-fiscal Q3 with revenues and earnings beating estimates slightly.

The 2023 holiday shopping season has arrived, and more consumers will be doing their shopping online. While nearly every store now has an online presence with omnichannel capabilities, certain stocks

Nvidia reports earnings this week and the latest Federal Open Market Committee releases its latest meeting minutes.

Evercore ISI Senior Managing Director discusses Best Buy ahead of 3Q results next week. He joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on