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Best Buy gets double-upgrade at Citi on expectations of sales growth
Market Watch· 5 hours agoAnalysts led by Steven Zaccone upgraded Best Buy to buy from sell as they said the electronics giant...
Best Buy Stock Is Set for an AI Boost, Analyst Says
Barrons.com· 5 hours agoA demand boost is just what Best Buy needs. Over the last two years, consumers have pulled back on electronics purchases after sales jumped during the...
Check Out What Whales Are Doing With BBY - Best Buy Co (NYSE:BBY)
Benzinga· 3 hours agoThe firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments ...
Best Buy posts disappointing sales for Q1 as consumers pull back on appliances, electronics
Yahoo Finance via AOL· 4 days agoJonathan Matuszewski at Jefferies voiced a similar notion, saying the "replacement cycle [is]...
Best Buy extends streak of quarterly losses as Americans direct more money to essential purchases
KFDX Wichita Falls· 4 days agoNEW YORK (AP) — Best Buy reported another quarterly drop in sales as the nation’s largest consumer electronics chain wrestles with cautious spending by Americans as they prioritize essential …
Best Buy set for tenth straight quarter of sales drop on weak electronics spending
Reuters· 5 days ago, opens new tab is set to post its tenth consecutive quarter of sales decline on Thursday when the...
Best Buy (NYSE:BBY) Misses Q1 Sales Targets
StockStory via Yahoo Finance· 4 days agoElectronics retailer Best Buy (NYSE:BBY) fell short of analysts' expectations in Q1 CY2024, with revenue down 6.5% year on year to $8.85 billion. On the...
Best Buy jumps more than 10% as cost-cutting preserves profits despite sluggish sales
CNBC· 4 days agoBest Buy on Thursday missed Wall Street's quarterly sales expectations but stressed higher profits...
Best Buy Stock Jumps on Earnings Beat Despite Falling Sales
Barrons.com· 4 days agoBest Buy’s fiscal first-quarter earnings beat estimates, but the consumer-electronics retailer...
Best Buy bet on AI helps give stock best one-day boost since 2020
Star Tribune (Minneapolis) via Yahoo Finance· 4 days agoFor more than two years, Best Buy sales have dragged as the consumer electronics industry has been...