BBY Stock Recent News

Best Buy stock beat revenue and earnings forecasts this morning. Sales declined, but profit margins improved, resulting in 7% profit growth.

Best Buy (BBY) and Affirm (AFRM) surprised investors, fueling rallies for both companies in the market on Thursday. On the other side of the financial see-saw, Dollar General (DG) and Birkenstock (BIRK) slid down.

Michael Lasser, UBS retail analyst, joins 'Squawk Box' to discuss the quarterly earnings results of Best Buy and Dollar General, state of the consumer, and more.

Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20.

Consumer electronics retailer Best Buy on Thursday beat Wall Street's estimates for its fiscal second quarter. BBY stock rose.

Best Buy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its Q2 2025 results on Thursday, August 29 (Best Buy's FY'24 ended Jan 2024). We expect the retailer's stock to likely trade sideways due to mixed Q2 results with revenues missing but earnings beating estimates marginally.

Best Buy Co Inc (NYSE:BBY) is facing ongoing market share pressures and potential margin strain in its upcoming fiscal 2Q earnings report, despite some improvement in computing sales. The company is set to report its fiscal second-quarter earnings on August 29, with analysts at Bank of America (BofA) maintaining a cautious outlook.

Best Buy - the largest dedicated electronics retailer in the U.S. - will announce its second quarter fiscal 2025 results on Thursday, August 29, before the market opens. In this earnings preview, I'll take a look at BBY's track record and share what's currently expected from the Q2 FY 2025 earnings report. I'll also examine Best Buy's ongoing transformation into an increasingly online-focused retailer, discussing its domestic footprint, lease maturities, and profitability.

Evaluate the expected performance of Best Buy (BBY) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.