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The Latest Breaking News from Best Buy

Slowing demand, higher costs put the squeeze on Best Buy

Best Buy Co. turned in mixed results on diminished expectations for the spring quarter, squeezed by slowing sales and growing costs. Executives lowered their outlook for the rest of the year.

Tribune News Service

Stock Market Falls On Weak Economic, Housing Reports; Snap Plunges 40%

Weak economic and housing news drove the stock market lower, and social media stocks plunged after Snap issued weak guidance.

Investors Business Daily

Mid-Day Market Update: Dow Drops Over 200 Points; CynergisTek Shares Jump

U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 200 points on Tuesday.

Benzinga

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What's Going On With Best Buy Shares Today?

Best Buy Co (NYSE: BBY) shares are volatile Tuesday following the company's first-quarter financial results, which were released before the market opened.

Benzinga

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

Stock Market Flips Lower On Company Warnings; This Retailer Plummets 27%

The stock market gave back much of the prior day's rally as more companies and the latest economic data signaled weakening economic conditions.

Investors Business Daily

Mid-Morning Market Update: Markets Open Lower; Best Buy Cuts FY23 Forecast

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 100 points on Tuesday.

Benzinga

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Dow Jones Falls As Snap Plunges 39% On Profit Warning

The Dow Jones Industrial Average dropped Tuesday, as Snap stock plunged 39% after issuing a profit and sales warning for the second quarter.

Investors Business Daily

Best Buy Delivers Better-Than-Expected First-Quarter Sales

Consumer electronics retailer Best Buy on Tuesday matched Wall Street's target for earnings in its fiscal first quarter on better-than-expected sales.

Investors Business Daily

7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More

The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay them.

Benzinga

10 Biggest Price Target Changes For Friday

Telsey Advisory Group lowered the price target for Best Buy Co., Inc. (NYSE: BBY) from $130 to $90. Best Buy shares rose 0.4% to $73.58 in pre-market trading.

Benzinga

More than 90,000 hoverboards sold in the U.S. are being recalled over safety concerns

A software glitch can send power to the device's motor even when the rider is not actively engaging the hoverboard.

WEKU

Best Buy Stock Hits 52-Week Low: What's Going On?

Best Buy Co Inc (NYSE: BBY) shares are trading lower Wednesday alongside several other retailers after Target Corp (NYSE: TGT) announced worse-than-expected earnings results.

Benzinga

Best Buy starts $200 service for picking up used appliances, electronics

Best Buy has made it easier to get rid of an old television, computer or other unwanted electronic device with the debut of its e-waste pick-up service that would allow for items to be collected from customers' homes and then recycled.

Tribune News Service

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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

Best Buy And 3 Other Stocks Sold By Insiders

Although gold futures traded higher on Thursday, there were a few notable insider trades.

Kiplinger

10 Alternatives to Amazon Prime for Free Shipping and More

With more and more retailers offering free shipping and exclusive deals, Amazon Prime isn't your only option for member's only pricing and perks. Here are 10 Amazon alternatives to check out.

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Tribune News Service

Best Buy will no longer require employees to wear masks

Most Best Buy workers in stores, service centers and other facilities are no longer required to wear masks.

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.

Investors Business Daily

Stock Market Erases Early Gains As Russia Continues Attack Despite Resuming Peace Talks

The stock market erased early gains Thursday morning as Russia continued its attack on Ukraine in spite of resuming peace talks.

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%,…

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.

Investors Business Daily

Best Buy Sales Miss Views As Supply Issues Limit Product Availability

Consumer electronics retailer Best Buy on Thursday edged above Wall Street's earnings target for the holiday sales quarter but missed views on sales.

Input

The 10 best TVs under $800 to get for a last-minute Super Bowl party

From 55” to massive 75” screen sizes, these TVs manage to stay affordable while still providing some pretty good performance for Super Bowl LVI.

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