BBY Stock Recent News

Best Buy and Wayfair stock offer a healthy balance of risk and reward, JPMorgan said.

Note: Best Buy's FY'25 ended on February 1, 2025

I'm a picky investor for a reason, as only a small fraction of stocks creates long-term wealth. That's why I focus on quality and avoid the most popular names. In this piece, I break from tradition and spotlight two well-known dividend stocks I won't buy, even if they look tempting to others right now. While both companies have strong brands and loyal customers, I believe their long-term risks far outweigh the rewards, especially versus solid benchmarks.

Retailers are walking a tightrope to convey they're looking to raise prices without actually saying they're raising prices.

Best Buy Co Inc BBY posted downbeat results for the first quarter.

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on July 10, 2025, to shareholders of record as of the close of business on June 19, 2025. The company had 211,299,033 shares of common stock issued and outstanding as of May 3, 2025.

Major U.S. equities indexes ticked higher after a federal court blocked the "reciprocal" tariffs imposed by President Donald Trump—though that hold was ultimately itself put on ice.

Despite its customers' resilience, Best Buy expects sales to dip this year because of tariffs. The electronics retailer released quarterly earnings Thursday (May 29), projecting yearly revenue of $41.1 billion to $41.9 billion, below past guidance of $41.4 billion to $42.2 billion.

Best Buy (BBY) shares tumbled more than 8% to lead S&P 500 decliners Thursday after the electronics retailer lowered its full-year outlook because of tariffs.

BBY tops Q1 earnings estimates but trims FY26 outlook on tariffs. Focus shifts to Marketplace, Ads & boosting operational efficiency.