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Chief Executive Corie Barry said Best Buy's in-home health initiatives with healthcare industry partners have taken longer to ...
The retailer logged a $109 million charge related to the restructuring in its first quarter. Some home health services have ...
Best Buy (NYSE: BBY) reported significant restructuring costs in Q1 as it overhauled its health care business, which is ...
Best Buy remains committed to its health business, but parts of it are taking longer to scale than expected, company execs say.
Best Buy Health announced during an earnings call that it was restructuring its health division due to the slow adoption of ...
Best Buy initiated a major restructuring effort within its health business in the first quarter of fiscal year 2026, incurring $109 million in restructuring charges.
created last year to sell and deliver medical technology that helps with in-home health care. Best Buy recorded $169 million in restructuring charges for its recent fourth quarter that were ...
Best Buy on Thursday said sales will be relatively flat and profits lower for the year, dragged by tariff costs and ...
The layoffs are part of a larger restructuring plan announced by ... Geek Squad employees eventually will be pulled to work for Best Buy Health, which sells and delivers medical technology that ...
Best Buy posted better-than-expected first-quarter earnings but cut its outlook as President Donald Trump's tariffs raise the ...
Despite a slight revenue decline, Best Buy Co Inc (BBY) focuses on digital enhancements and strategic pricing to drive future ...