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Best Buy projects to report revenue of $9.63 billion for the recent quarter, compared to $9.76 billion a year earlier, according to data from Benzinga Pro. ... However, if the stock price ...
Best Buy stock fell 7% in early trading. As of the market close on Monday, shares were up nearly 19% year to date, trailing behind the S&P 500's ( ^GSPC ) 25% gain. The earnings breakdown
Best Buy stock jumped 15% in morning trading. This report comes after Best Buy unveiled a new tagline, Imagine That, during the quarter, updated its app, and added more experiential spaces in stores.
Best Buy was taken public in 1985, and two years later it debuted on the New York Stock Exchange. [20] [21] In 1988, Best Buy was in a price and location war with Detroit-based appliance chain Highland Superstores, and Schulze attempted to sell the company to Circuit City for US$30 million. Circuit City rejected the offer, claiming they could ...
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Best Buy gets zero love from Wall Street after a weak quarter.
Looking forward, Best Buy lowered its fiscal guidance for the 12 months ending in January 2024. Revenue for the year is now expected to come in between $43.1 billion and $43.7 billion, compared to ...
Pull your chips off the table on Best Buy's stock, warns one analyst. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...