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Zacks News
Incorporated in 1966 and headquartered in Richfield, MN, Best Buy Company Inc. (BBY) is a multinational specialty retailer of consumer electronics, home office products, entertainment software, communication, food preparation, wellness, heath, security, appliances and related services. The company operates in the United States, Canada and Mexico. Both segments are engaged in the development of merchandise and service offerings, supply chain and procurement, pricing and promotions, online and mobile operations along with marketing and advertisements on omnichannel platforms.
Company News for Nov 24, 2021
by Zacks Equity Research
Companies In The News Are: ZM, BBY, BURL, DLTR.
Best Buy (BBY) Q3 Earnings Beat, FY22 Comparable Sales View Up
by Sumit Singh
Best Buy (BBY) third-quarter results reflect enterprise comparable sales increase of 1.6%. Management envisions enterprise comparable sales growth of 10.5-11.5% for fiscal 2022.
Earnings Data Deluge
by Zacks Equity Research
Earnings Data Deluge.
Early Trading Softness Continues; DKS, BBY Beat, Sell
by Mark Vickery
The Nasdaq is currently mirror-imaging the Dow, -40 points while the S&P 500 represents the fulcrum: unchanged in the pre-market session.
Best Buy (BBY) Shows Fast-paced Momentum But Is Still a Bargain Stock
by Zacks Equity Research
Best Buy (BBY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Best Buy (BBY) Tops Q3 Earnings and Revenue Estimates
by Zacks Equity Research
Best Buy (BBY) delivered earnings and revenue surprises of 6.67% and 1.75%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
5 Best Retail Earnings Charts This Week
by Tracey Ryniec
Retailers have been big pandemic winners but can BBY, DKS, AEO, ANF and GPS keep their winning streaks?
Here's How Burlington Stores (BURL) is Poised Before Q3 Earnings
by Zacks Equity Research
Burlington Stores' (BURL) third-quarter fiscal 2021 performance is likely to have benefited from the solid execution of its Burlington 2.0 strategy and other strategic efforts.
Why the Earnings Surprise Streak Could Continue for Best Buy (BBY)
by Zacks Equity Research
Best Buy (BBY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Factors to Note Ahead of Pure Storage's (PSTG) Q3 Earnings
by Zacks Equity Research
Pure Storage's (PSTG) fiscal third-quarter performance is likely to gain from robust adoption of subscription services like Pure as-a-Service, Portworx and Evergreen offerings.
Best Buy (BBY) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Best Buy (BBY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Why Earnings Season Could Be Great for Best Buy (BBY)
by Zacks Equity Research
Best Buy (BBY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Factors to Note Ahead of HP's (HPQ) Q4 Earnings Release
by Zacks Equity Research
HP's (HPQ) Q4 results are likely to reflect strong PC and printer demand amid the ongoing remote-working trend. However, the industry-wide component supply constraints might have weighed on the results.
Best Buy (BBY) Queued Up for Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Pandemic-led headwinds and higher expenses might show on Best Buy's (BBY) third-quarter fiscal 2022 results.
Has Best Buy Co. (BBY) Outpaced Other Retail-Wholesale Stocks This Year?
by Zacks Equity Research
Best Buy Co. (BBY) Outperforming Other Retail-Wholesale Stocks This Year?
Is Best Buy (BBY) Stock Undervalued Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Penske's (PAG) McCoy Buyout to Add $200M to Annual Revenues
by Zacks Equity Research
Penske's (PAG) acquisition of McCoy Freightliner is set to add $200 million in its annualized revenues.
5 Stocks to Buy on Impressive October Retail Sales Report
by Ritujay Ghosh
Retailers with a strong online presence like Boot Barn Holdings, Inc. (BOOT), Tapestry, Inc. (TPR), Capri Holdings (CPRI), Macy's, Inc. (M) and Best Buy Co., Inc. (BBY) are likely to benefit in the near term.
Best Buy (BBY) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Best Buy (BBY) closed the most recent trading day at $134.93, moving +1.94% from the previous trading session.
Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
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.
Zacks.com featured highlights include: Seagate Technology, Best Buy, KLA, CBRE, and Rockwell Automation
by Zacks Equity Research
Zacks.com featured highlights include: Seagate Technology, Best Buy, KLA, CBRE, and Rockwell Automation
Target's (TGT) Superb Black Friday Offers to Lure Customers
by Zacks Equity Research
Target (TGT) announces its Black Friday week deals including exciting offers for several items at best prices available online and in stores.
Buy Dollar Tree and Best Buy Stock Before Earnings?
by Benjamin Rains
Diving into Best Buy (BBY) and Dollar Tree (DLTR) ahead of their upcoming earnings releases next week to see if either retail stock might be worth buying...
5 High ROE Stocks to Buy as Inflation Snaps Winning Streak
by Supriyo Bose
Seagate Technology (STX), Best Buy (BBY), KLA Corporation (KLAC), CBRE Group (CBRE) and Rockwell (ROK) are some of the stocks with high ROE to buy as inflation rocks markets.
Best Buy (BBY) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Best Buy (BBY) closed at $130.09, marking a +0.79% move from the previous day.