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The Weekly Closeout: Best Buy sales fall 6.5% and Sierra hits 100 stores
Retail Dive via Yahoo Finance· 5 hours agoNintendo plans San Francisco flagship Video game company Nintendo last week announced the opening of...
Best Buy extends streak of quarterly losses as Americans direct more money to essential purchases
KRQE & KASA FOX 2 Albuquerque· 1 day 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 posts disappointing sales for Q1 as consumers pull back on appliances, electronics
Yahoo Finance via AOL· 1 day agoThe company also incurred $15 million in restructuring charges due to severance. Barry said the...
Best Buy's exciting deal on the Lenovo Tab M11 steals the limelight once again
PhoneArena· 3 hours agoThe Lenovo Tab M11 (2024) is back at its best price on Best Buy. This might be a great Father's Day gift idea under $140, so don't miss out!
Analyst Report: Best Buy Co., Inc.
Morningstar Research via Yahoo Finance· 17 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 surges on signs that the expected AI-driven PC and smartphone refresh is starting
CNBC· 21 hours agoAdjusted earnings per share of $1.20 rose 5.3% on an annual basis and topped the $1.08 predicted by...
Best Buy CEO explains how the company is preparing to sell new AI-enabled computers
CNBC· 17 hours agoBest Buy CEO Corie Barry told CNBC's Jim Cramer the electronics retailer is getting ready to sell a...
Best Buy’s Sales Fall as Consumers Pull Back
Barrons.com· 1 day agoBest Buy’s same-store sales fell by 6.1% in the first quarter, worse than projections for a 4.9% decline.Read the full article
Best Buy (NYSE:BBY) Misses Q1 Sales Targets
StockStory via Yahoo Finance· 1 day 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· 1 day agoBest Buy on Thursday missed Wall Street's quarterly sales expectations but stressed higher profits...