Best Buy posts another quarterly sales drop while Kohl's sees …
1 day ago — Best Buy, the nation’s largest consumer electronics chain, ... The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news ...
Best Buy Co., Inc. - Best Buy Reports Third Quarter Results
2 days ago — Comparable Sales Declined 2.9% GAAP Diluted EPS Increased 4% to $1.26 Non-GAAP Diluted EPS Decreased 2% to $1.26 Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter ended November 2, 2024 (“Q3 FY25”), as compared to the 13-week third quarter ended October 28, 2023 (“Q3 FY24”). Q3 FY25 Q3 FY24 Revenue ($ in millions) Enterprise $ 9,445 $ 9,756 Domestic ...
Best Buy annual forecasts take a knock from weak electronics …
1 day ago — Best Buy now expects annual comparable sales to decline between 2.5% and 3.5%, compared with between 1.5% and 3% earlier, while it also trimmed the upper end of its adjusted profit per share target.
Best Buy says Trump's tariffs could force it to raise prices for ...
1 day ago — Best Buy CEO Corie Barry said Tuesday that personal electronics could become more expensive if President-elect Donald Trump carries out his threat to slap new tariffs on foreign goods, as large ...
Best Buy cuts full-year sales forecast due to softer demand for ...
2 days ago — Best Buy on Tuesday cut its full-year sales forecast. The retailer missed Wall Street's quarterly revenue expectations. It expects full-year comparable sales to decline by between 2.5% and 3.5% ...
Homepage - Best Buy Corporate News and Information
At Best Buy, our purpose is to enrich lives through technology. Learn more about how we're doing that and read all the latest Best Buy news and stories.
Best Buy is closing 10 to 15 stores, company earnings call reveals
Mar 19, 2024 — Best Buy announced that it will close some of its stores, according to a recent earnings call by the company. The electronic retail giant plans to close between 10 to 15 stores by 2025, Chief...
News & Stories - Best Buy Corporate News and Information
Best Buy launches protective cases with sustainable packaging for new iPhone 14 lineup
Best Buy unveils plans to grow sales, cash in on AI - CNBC
Jul 23, 2024 — Best Buy on Tuesday announced new plans to try to reverse a two-year sales slump and cash in on a much-awaited replacement cycle of pandemic-era purchases and a fresh wave of innovation.
Company News Archives - Best Buy Corporate News and …
By Best Buy Company News 04 Nov: Over 60 percent of Best Buy facilities now zero waste certified In addition to reducing waste in our operations, we are working toward becoming carbon neutral by 2040.