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Best Buy (BBY -3.53%), a leading consumer electronics retailer, reported its fourth-quarter results on March 4, 2025.
Best Buy beat Wall Street's earnings and revenue expectations for its fiscal 2025 fourth quarter. The company saw comparable sales rise slightly year over year.
An earnings beat and dividend hike aren't enough to hold the stock's early gains.
Best Buy's earnings and revenue top analysts' expectations but fall from the prior year.
Brad Smith covers the latest market moves and more in this episode of Yahoo Finance's Wealth. Wells Fargo Investment Institute global investment strategist Veronica Willis joins the program to talk about why the current market pullback (^DJI, ^IXIC, ^GSPC) may be an opportunity for investors to adjust their investment portfolios.
Best Buy Co., Inc. BBY will release its fourth-quarter financial results, before the opening bell, on Tuesday, March 4.
The retail earnings releases thus far provide a reassuring view of consumer spending, with broad spending trends largely stable and in-line with what we have seen in recent quarters.
Best Buy's Q4 results may see a boost from strong countrywide holiday season electronics sales. A weak outlook may weigh more. Best Buy has continued to lose market share to ecommerce competition, combining with consumer weakness and major tariff uncertainty. The risks aren't completely reflected in BBY stock's valuation. I estimate -26% downside to a fair value of $65.9.
Best Buy Co., Inc. BBY will release its financial results for the fourth quarter, before the opening bell, on Tuesday, March 4, 2025.