Earnings Scheduled For March 3, 2022

09:46am, Thursday, 03'rd Mar 2022 Benzinga
Companies Reporting Before The Bell • Travelzoo (NASDAQ: TZOO ) is expected to report quarterly earnings at $0.13 per share on revenue of $18.23 million. • Urban One (NASDAQ: UONEK ) is likely to report earnings for its fourth quarter. • Tile Shop Holdings (NASDAQ: TTSH ) is likely to report earnings for its fourth quarter. • Oxford Square Capital (NASDAQ: OXSQ ) is estimated to report quarterly earnings at $0.09 per share on revenue of $10.30 million. • Aurora Mobile (NASDAQ: JG ) is projected to report quarterly loss at $0.07 per share on revenue of $15.65 million. • Mobile TeleSystems (NYSE: MBT ) is estimated to report quarterly earnings at $0.19 per share on revenue of $1.69 billion. • LENSAR (NASDAQ: LNSR ) is estimated to report quarterly loss at $0.52 per share on revenue of $8.70 million. • Bluegreen Vacations (NYSE: BVH ) is likely to report quarterly earnings at $0.62 per share on revenue of $203.89 million. • Fulcrum Therapeutics (NASDAQ: FULC ) is projected to report quarterly loss at $0.
We expect the retailer's stock to likely trade higher post Q4 with both revenues and earnings beating expectations.
Best Buy Co Inc (NYSE: BBY) reported a fourth-quarter FY22 sales decline of 3.4% year-on-year, to $16.36 billion, missing the consensus of $16.59 billion. Domestic revenue fell 2.6%, primarily driv
Although the electronic retailer is contending with short-term headwinds, it is expecting business to pick up by fiscal 2025.
Although the electronic retailer is contending with short-term headwinds, it is expecting business to pick up by fiscal 2025.

Best Buy beats on profit, raises dividend 26%

07:23am, Thursday, 03'rd Mar 2022
Best Buy Co. Inc. BBY, +3.77% shares rose 1.6% in Thursday premarket trading after the electronics retailer reported fourth-quarter profit that beat expectations. The company posted net income of $626
The consumer electronics retailer, which has been a pandemic beneficiary, gave a weaker-than-expected outlook for the coming year.
The electronics retailer was a big pandemics winner as consumers used stimulus checks to buy electronics. But analysts worry that momentum is slowing.

Fitbit recalls 1.7 million smartwatches over burn risk

07:09pm, Wednesday, 02'nd Mar 2022 Deseret
In this Aug. 16, 2018, photo, the Fitbit Charge 3 fitness trackers are displayed in New York. The company is recalling 1.7 million smartwatches due to burn hazards. Richard Drew, Associated Press Fitbit recalled 1.7 million smartwatches because they pose a burn hazard due to the lithium-ion battery, the U.S. Consumer Product Safety Commission announced on Wednesday. About 1 million of the Fitbit Ionic watches have been sold in the U.S. and nearly 700,000 sold internationally, the agency said. “The health and safety of Fitbit users is our highest priority. We are taking this action out of an abundance of caution for our users,” the fitness tracker company said in a statement . The recommendation is for consumers to immediately stop using the watches and contact Fitbit to begin the return process. A refund of $299 will be issued when the device is received. Participating consumers will also receive a 40% discount off select Fitbit devices. The smartwatches were sold at stores like Best Buy, Kohl’s and Target as well as online, from September 2017 through December 2021, per NPR .

Best Buy Q4 2022 Earnings Preview

04:17pm, Wednesday, 02'nd Mar 2022 Seeking Alpha
Best Buy (NYSE:BBY) is scheduled to announce Q4 earnings results on Thursday, Mar. 3, before market open.Consensus EPS estimate is $2.71 (-22.1% Y/Y)
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MINNEAPOLIS--(BUSINESS WIRE)--Best Buy (NYSE: BBY) is scheduled to present at the BofA Securities Consumer and Retail Technology Conference on March 8, 2022, at 8:50 a.m. Eastern Time. A webcast of th
U.S. markets continue to be attuned to developments in Europe and Ukraine and what they could mean going forward.

Target raising minimum wage to $24 for some workers

09:00pm, Monday, 28'th Feb 2022 Deseret
A hiring sign is in front of a Target store in Manchester, Conn., Nov. 39, 2021. Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year. The Minneapolis-based discount retailer said Monday, Feb. 28, 2022 that it will adopt minimum wages that range from $15 to $24 an hour, with the highest pay going to hires in the most competitive markets. It currently pays a universal starting wage of $15 an hour. Ted Shaffrey, Associated Press Target employees at stores and distribution centers in places like New York may see their wages as high as $24 an hour. The latest: The retailer said that the minimum wage will be in the range of $15 to $24 an hour. The company also plans to spend an additional $300 million on its labor force this year, which includes better health care coverage for hourly employees. According to the Wall Street Journal , store associates at the company who work at least 25 hours a week can now enroll in a Target medical plan, lowered from the minimum 30 hours a week.

Analyst Ratings For Best Buy Co

06:03pm, Monday, 28'th Feb 2022 Benzinga
Best Buy Co (NYSE: BBY ) has observed the following analyst ratings within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 3 0 2 Last 30D 0 2 1 0 1 1M Ago 0 0 0 0 0 2M Ago 0 0 2 0 1 3M Ago 1 0 0 0 0 According to 8 analyst offering 12-month price targets in the last 3 months, Best Buy Co has an average price target of $106.88 with a high of $140.00 and a low of $87.00. Below is a summary of how these 8 analysts rated Best Buy … Full story available on Benzinga.com
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