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When Hubert Joly took the reins of Best Buy in late 2012 as CEO, he worked in the stores to get a feel for the company’s fiber. Now he is transforming the company by taking an aggressive stance ...
Best Buy finally regained some earnings momentum last year (fiscal 2017). Adjusted EPS rebounded to $3.56 thanks to margin expansion, even though revenue was roughly flat year over year.
Without pesky rival Circuit City standing in its way, consumer electronics retailer Best Buy ’s managed to beat Wall Street’s fourth-quarter earnings expectations. Another bright spot in the ...
Best Buy's comeback continued despite intense online competition from Amazon and brick-and-mortar rivals, suggesting the big-box chain is finding a sustainable path.
Best Buy reported quarterly sales that were lower than a year ago and below Wall Street's targets. The culprit? Tough online competition.
Best Buy faces as much competition from e-commerce giants like Amazon and low-cost superstores like Walmart as anyone. Indeed, the chain seemed headed for oblivion just six years ago.
Best Buy's focus on market leadership, cyclical recovery, and a 5.2% dividend yield could make it a strong investment opportunity. See more on BBY stock here.
Best Buy plans to open 50 to 55 stores by the end of February. Hhgregg expects to open a store early next year in Pensacola, Fla., and up to 45 more in fiscal 2012.
SANTA MONICA, CA, September 22, 2010 — Tecca, a newly-launched company with backing from the digital media fund established by Best Buy Co., Inc. (NYSE:BBY) and Fuse Capital, today unveiled the ...