Back to top
more

Better trading starts here.

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.

Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for

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.

Sanghamitra Saha headshot

Twitter Promotes Permanent WFH: ETF Areas to Gain

Twitter allowed employees to work from home permanent if they choose to amid the COVID-19 outbreak. These ETF areas should gain in the coming days.

Best Buy (BBY) Stock Sinks As Market Gains: What You Should Know

Best Buy (BBY) closed at $78.02 in the latest trading session, marking a -0.78% move from the prior day.

Sweta Jaiswal, FRM headshot

Consumer Discretionary ETFs in Focus as US Readies to Reopen

The pandemic has largely impacted the consumer discretionary sector, which attracts a major portion of consumer spending. However, the reopening of US states has come as a ray of hope for the sector.

Ritujay Ghosh headshot

Stores to Reopen While Shoppers Adjust Online: 5 Retail Picks (Revised)

As the pandemic shows no signs of subsiding, customers are opting to make their purchases without setting foot in stores.

Best Buy (BBY) Gains But Lags Market: What You Should Know

Best Buy (BBY) closed the most recent trading day at $74.75, moving +0.52% from the previous trading session.

Ritujay Ghosh headshot

Stores to Reopen While Shoppers Adjust Online: 5 Retail Picks

As the pandemic shows no signs of subsiding, customers are opting to make their purchases without setting foot in stores.

Five Below Reopens Stores, Adds Curbside Pickup Amid Coronavirus

Five Below (FIVE) announces business updates like financial actions and launching of curbside pickup in wake of the coronavirus pandemic.

Big Lots' Comps Positive Amid Coronavirus Crisis, Stock Up

Big Lots (BIG) issues further updates in the wake of the coronavirus pandemic. Its sales outpaced expectations for April.

GameStop Updates Plans Amid Coronavirus, Reopens Few Stores

GameStop (GME) curbs capital expenditure and implements furloughs and temporary pay cuts.

Ritujay Ghosh headshot

Videogame Sales Hit 12-Year High: 4 Stocks to Buy

Videogame sales are expected to witness growth in the near term with stay-at-home orders and lockdown likely to remain in place for some more time.

The Zacks Analyst Blog Highlights: Sprouts Farmers Market, Best Buy, Kroger, Walmart and Costco Wholesale

The Zacks Analyst Blog Highlights: Sprouts Farmers Market, Best Buy, Kroger, Walmart and Costco Wholesale

5 Stocks Offering Curbside Pickup Amid Coronavirus-Led Lockdown

Here are five retailers who offer curbside delivery and are poised to grow as lockdown and social distancing restrict people to their homes.

Bed Bath & Beyond (BBBY) Q4 Earnings & Sales Beat Estimates

Bed Bath & Beyond (BBBY) reports solid Q4 results, despite sluggishness during the holiday season and higher clearance activities. Management holds back FY20 view due to CVOID-19 impacts.

Best Buy to Furlough 51,000 Staff on Rising Coronavirus Woes

Best Buy (BBY) is looking to retain financial strength amid the coronavirus crisis.

Top Ranked Income Stocks to Buy for April 16th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 16th.

Sumit Singh headshot

Coronavirus Ruining Portfolio? Give These 4 Retailers a Shot

As people are working from home and maintaining social distancing, there are players in the industry focusing on bolstering omni-channel operations and ramping up delivery services.

Xcel Brand's (XELB) Q4 Earnings Decline Y/Y, Revenues Rise

Robust wholesale and e-commerce businesses contribute to Xcel Brands' (XELB) Q4 results. However, no guidance has been issued, given the unprecedented COVID-19 impacts.

3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - April 14, 2020

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

Ritujay Ghosh headshot

4 Retail Stocks to Buy as Coronavirus Boosts Online Demand

Retailers with an online presence such as Amazon.com (AMZN) and Walmart (WMT) have seen a surge in demand for goods as the country struggles to contain the spread of coronavirus.

Top Ranked Income Stocks to Buy for April 14th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 14th.

Zacks Value Trader Highlights: Best Buy, Costco, Sprouts Farmers Market, TRI Pointe Group and SPX

Zacks Value Trader Highlights: Best Buy, Costco, Sprouts Farmers Market, TRI Pointe Group and SPX

Top Ranked Income Stocks to Buy for April 13th

Here are four stocks with buy rank and strong income characteristics for investors to consider today, April 13th.

Is Best Buy (BBY) Stock Undervalued Right Now?

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.

Tracey Ryniec headshot

Value Investors: Time to Get Back to Basics

There are plenty of cheap stocks on Wall Street. If earnings are going to be cut due to the coronavirus, maybe you should look at revenue instead?