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The Latest Breaking News from Best Buy Co Inc

Rising Costs From Tariffed Goods Push Retail Prices Higher In August

Retailers are navigating a fresh wave of pricing shifts as August inflation and new tariffs push up costs in categories like autoparts, furniture, and home improvement, signaling tighter conditions ahead for companies from Walmart Inc. (NYSE:WMT) to Best Buy Co. Inc. (NYSE:BBY).

Benzinga

What's Going On With Best Buy Stock Today?

Best Buy Co., Inc. (NYSE:BBY) shares are trading higher on Friday.

Benzinga

Best Buy Q2 FY2026 Earnings Call Transcript

Best Buy Co Inc. (NYSE:BBY) reported second-quarter 2026 adjusted earnings of $1.28 per share on Thursday, beating the consensus estimate of $1.21.

Benzinga

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Best Buy Clocks Highest Comp Sales Growth In 3 Years, Holds On To Annual Forecast Despite Tariff Uncertainty

Best Buy Co Inc (NYSE:BBY) reported second-quarter 2026 adjusted earnings of $1.28 per share on Thursday, beating the consensus of $1.21.

Benzinga

Options Corner: Use This 'Cheat Code' To Play The Potential Best Buy Recovery

To little surprise, big-box retailing giant Best Buy Co Inc (NYSE:BBY) has been one of the worst-hit entities due to President Donald Trump's trade policies, especially surrounding tariffs. As Reuters mentioned earlier this year, approximately 60% of the retailer's total annual cost of goods sold is exposed to China. Combined…

Benzinga

3 Undervalued Stocks to Buy This December

With 2024 nearing its finale, here are three budget-friendly stocks to consider this month for potential gains.

Barchart

3 Specialty Retail Stocks Poised for Strong Holiday Sales

The specialty retail market offers strong investment potential this holiday season, driven by innovative strategies, increased consumer spending, and growing demand for personalized and luxury products across diverse sectors. Therefore, investors may consider fundamentally strong specialty retail stocks: Lululemon Athletica (LULU), Best Buy Co. (BBY), and Ulta Beauty (ULTA). Keep…

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Buy or Hold for 3 Specialty Retailer Stock Picks?

The specialty retail industry is thriving due to inflation relief, increased consumer confidence, and discretionary spending. Therefore, let’s analyze whether specialty retailer stocks Aeon Co (AONNY), Live Ventures (LIVE) and Best Buy (BBY) could be worth buying.

StockNews.com

3 Retail Stocks Poised for Holiday Season Profits

The retail industry seems resilient with outstanding future outlooks due to the increased consumer spending and advancing technologies. Amid such positive behaviors, it would be wise to keep track of stocks like Ulta Beauty (ULTA), FIGS, Inc. (FIGS), and Best Buy (BBY) for holiday season profits. Read on….

StockNews.com

Benzinga's Top Ratings Upgrades, Downgrades For July 28, 2022

Benzinga

2 Retail Stocks to Avoid After Cutting 2022 Guidance

Retail companies have been facing several macroeconomic challenges of late that include elevated inflation and supply chain disruptions aggravated by Russia’s invasion of Ukraine. After reporting poor first-quarter earnings, some hard-hit retail companies slashed their earnings guidance for 2022. Thus, we think it could be wise to avoid the stock…

StockNews.com

Best Buy Clocks 8.5% Revenue Decline In Q1; Cuts FY23 Outlook Citing Macro Conditions

Best Buy Co Inc (NYSE:BBY) reported a first-quarter FY23 sales decline of 8.5% year-on-year to $10.65 billion, beating the consensus of $10.43 billion. Domestic revenue fell 8.7% Y/Y, and International revenue declined 5.4%. Enterprise comparable sales decreased 8% versus 37.2% growth last year. Gross profit decreased 13.3% Y/Y to $2.4 billion, and the…

Benzinga

Best Buy To Pick Up E-Waste Directly From Customers' Homes - Read How

Best Buy Co Inc (NYSE:BBY) has launched a home pick-up service for e-waste. The new Standalone Haul-Away service is available for $199.99. The retailer will come to customers' homes to pick up old tech to be recycled, including everything from laptops to washing machines. The Best Buy Standalone Haul-Away service will remove and recycle up…

Benzinga

Jim Cramer Highlights Work-From-Home Trend That Could Boost Best Buy, HP Shares

Best Buy Co Inc (NYSE: BBY) CEO Corie Barry will be featured on "Mad Money" Thursday night with Jim Cramer.

Benzinga

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Peering Into Best Buy CO Inc's Recent Short Interest

Best Buy CO Inc's (NYSE:BBY) short percent of float has fallen 4.6% since its last report. The company recently reported that it has 12.95 million shares sold short, which is 6.02% of all regular shares that are available for trading.

Benzinga

Why Best Buy Is Proving It's An Options Market Darling

On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that Best Buy Co Inc (NYSE: BBY) witnessed “very extraordinary activity” on Monday.

Benzinga

Best Buy Could Climb This Much In The Next Few Weeks

Shares of Best Buy Co Inc (NYSE: BBY) Thursday spiked more than 9%, despite reporting downbeat fourth-quarter results.

Benzinga

Best Buy Shares Pop After Q4 Results; Hikes Dividend, Plans Buyback

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 driven by a comparable sales decline of 2.1% and the loss of revenue from permanent store closures in the past year. International revenue declined 10.7%,…

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Benzinga

What's Going On With Best Buy Shares Today?

Best Buy Co Inc (NYSE: BBY) is trading higher Thursday after the company reported fourth-quarter financial results and raised its quarterly dividend.

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