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Zacks News
Incorporated in 1966 and headquartered in Richfield, MN, Best Buy Company Inc. (BBY) is a multinational specialty retailer of consumer electronics, home office products, entertainment software, communication, food preparation, wellness, heath, security, appliances and related services. The company operates in the United States, Canada and Mexico. Both segments are engaged in the development of merchandise and service offerings, supply chain and procurement, pricing and promotions, online and mobile operations along with marketing and advertisements on omnichannel platforms.
Best Buy (BBY) Gains From Growth Strategies Amid Headwinds
by Zacks Equity Research
Best Buy (BBY) is poised to benefit from store fleet optimization, growth investments and shareholder-friendly policies. A tough operating environment and macroeconomic headwinds remain concerning.
How to Find Strong Retail and Wholesale Stocks Slated for Positive Earnings Surprises
by Zacks Equity Research
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
PCE Inflation In-Line With Expectations
by Zacks Equity Research
PCE Inflation In-Line With Expectations
PCE In-Line, Jobless Claims Mixed: Pre-Markets Up Again
by Mark Vickery
Year-over-year PCE increases were predicted by analysts; all of this PCE data has come in-line with estimates.
Company News for Aug 30, 2023
by Zacks Equity Research
Companies in The News Are: BBY,SJM,GOGL,BNS
Best Buy (BBY) Q2 Earnings Beat, Comparable Sales Dip 6.2% Y/Y
by Zacks Equity Research
Best Buy (BBY) reports better-than-expected second-quarter fiscal 2024 earnings. However, its sales decline from the year-ago quarter due to weak enterprise comparable sales.
10 Drugs Selected for Medicare Price Reduction
by Zacks Equity Research
10 Drugs Selected for Medicare Price Reduction
Best Buy (BBY) Reports Q2 Earnings: What Key Metrics Have to Say
by Zacks Equity Research
While the top- and bottom-line numbers for Best Buy (BBY) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Medicare Drugs Targeted Under Inflation Reduction Act
by Mark Vickery
Last year, these 10 drugs made up $50 billion, about 20%, of Medicare part D costs.
Best Buy (BBY) Tops Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Best Buy (BBY) delivered earnings and revenue surprises of 15.09% and 0.65%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?
Markets Up Second-Straight Day; Lots of Data On Deck
by Mark Vickery
All major indices are up over the past week of trading, though are still underwater for the past month.
Markets Await Jobs Data
by Zacks Equity Research
Markets Await Jobs Data
Pre-Markets Up as Challenging August Dwindles
by Mark Vickery
Today we do not have any major economic reports scheduled, but this week will be an eventful one.
Best Buy's (BBY) Q2 Earnings Coming Up: What's in the Offing?
by Zacks Equity Research
A tough operating landscape, including inflation and a higher promotional backdrop, is likely to reflect on Best Buy's (BBY) second-quarter fiscal 2024 results.
Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Noodles & Co. (NDLS) Reports Q2 Loss, Misses Revenue Estimates
by Zacks Equity Research
Noodles & Co. (NDLS) delivered earnings and revenue surprises of -128.57% and 9.37%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
ROKU Gears Up to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
ROKU's second-quarter 2023 performance is expected to have been aided by growth in The Roku Channel library and Roku TV users, amid slowing advertising revenues.
ETF Areas & Stocks to Win Despite Muted June Retail Sales
by Sanghamitra Saha
Retail sales in the United States gained 0.2% sequentially in June of 2023, below forecasts of a 0.5% increase.
Back-to-School Shopping to Fall? Stocks to Win/Lose
by Sanghamitra Saha
Inflationary pressures are expected to dampen the back-to-school shopping season this year, per a new report from Deloitte, as quoted on Yahoo Finance.
Best Buy (BBY) Rides High on Growth Strategies: Apt to Hold
by Zacks Equity Research
Best Buy's (BBY) omnichannel abilities including total tech initiative and curbside-pickup service are quite encouraging.
Why Is GameStop (GME) Up 6.5% Since Last Earnings Report?
by Zacks Equity Research
GameStop (GME) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Best Buy's (BBY) Omnichannel Moves Look Good: Apt to Hold
by Zacks Equity Research
Best Buy's (BBY) omnichannel abilities, including the total tech initiative and curbside-pickup service, are quite encouraging.
Best Buy (BBY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates (Revised)
by Zacks Equity Research
The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Company News for May 26, 2023
by Zacks Equity Research
Companies In The News Are: BBY, DLTR, BURL, RL.
Best Buy's (BBY) Q1 Earnings Beat, Comparable Sales Down 10.1%
by Zacks Equity Research
Best Buy (BBY) reports better-than-expected first-quarter fiscal 2024 earnings. However, sales decrease from the year-ago fiscal quarter's level due to weak enterprise comparable sales.