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Several analysts raised the price target on Best Buy Co., Inc. BBY following better-than-expected second-quarter financial results reported Thursday.
Best Buy Co., Inc BBY reported better-than-expected second-quarter financial results raised its FY25 earnings guidance on Thursday.
In an unreliable world, the one place you can place your money is on the fact that the American consumer gonna keep on spendin'.
For Best Buy CEO Corie Barry, elevating the customer experience is paramount. Despite recent challenges in the home theater, gaming and appliances categories, Barry is steering the company toward a more personalized and engaging shopping journey.
Steven Zaccone, retail analyst at Citi, joins CNBC's 'The Exchange' to discuss outlooks on Best Buy's earnings, how the stock has benefited from AI features, and more.
Best Buy (BBY) shares surged Thursday, reaching their highest point in more than two years, after its second-quarter earnings surpassed estimates and and the company said it expects to be more profitable than expected for the full fiscal year despite declining sales projections.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 200 points on Thursday.
Jobless Claims Tick in Low, But Higher Than Expected.
Best Buy Co., Inc. (NYSE:BBY ) Q2 2025 Earnings Call Transcript August 29, 2024 8:00 AM ET Company Participants Mollie O'Brien - VP of IR Corie Barry - CEO Matt Bilunas - CFO Conference Call Participants Scot Ciccarelli - Truist Securities Michael Lasser - UBS Mike Baker - D.A. Davidson Greg Melich - Evercore ISI Steve Zaccone - Citi Steven Forbes - Guggenheim Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan Operator Ladies and gentlemen, thank you for standing by.
Best Buy NYSE: BBY has been attempting to navigate a difficult retail sector environment marked by declining sales and increased competition from e-commerce giants. Best Buy's earnings report for the second quarter of fiscal year 2025 (Q2 FY2025) was recently released, offering some promising signals for investors.