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BBY News and Press, Best Buy Co. Inc.

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Company Name: Best Buy Co. Inc.
Stock Symbol: BBY
Market: NYSE
Website: investors.bestbuy.com

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BBY - Costco Reminds Me Of Coca-Cola's Major Top In 1998

2024-07-21 09:12:34 ET Summary Costco's high valuation today is reminiscent of Coca-Cola's peak in 1998, with significant overvaluation compared to industry norms, the stock market generally, and prevailing interest rates. Costco's overvaluation condition continues to balloon in 2...

BBY - Retail sales breakdown: Clothes and AI laptops are winning out over furniture and home improvement

2024-07-16 08:57:42 ET More on retail stocks XRT ETF: Mixed Signals For Retail Stocks Into Second Half Of 2024 Retail blockbuster: Amazon Prime Day is expected to set a record as discounting ramps up Retail sales showed a little bounce in June - CNBC/NRF data ...

BBY - Savvy Shoppers Await Prime Week Deal Competition

2024-07-16 03:45:00 ET Summary Inflation is still affecting retailers - during the last earnings season, 73% mentioned inflation during their earnings calls. Walmart raised its full-year guidance as more consumers continued to gravitate towards everyday values and become loyal sho...

BBY - Back-to-school spending likely to remain unchanged this year

2024-07-15 16:41:40 ET As retailers gear up for the back-to-school (BTS) season, families are faced with another year of high prices and shrinking budgets amid the daunting task of purchasing clothes, shoes, accessories, supplies, and technology for kids from kindergarten through twelfth gr...

BBY - Best Buy: Short Opportunity Due To Overvaluation And Weakening Consumer Spending Outlook

2024-07-15 13:40:09 ET Summary Best Buy's share price has risen this year despite the continued deterioration in its sales outlook, pointing toward potential overvaluation. The company may not have a large enough cash reserve to offset potential negative cash flows in a recession....

BBY - Retail blockbuster: Amazon Prime Day is expected to set a record as discounting ramps up

2024-07-15 08:02:06 ET More on Amazon Amazon: Creating Recession Resistant Profits The More One Understands What Amazon Truly Is About, The Better It Looks Amazon's Q2 Will Likely Surprise You Microsoft, Palantir, others expected to be 'standouts' during earn...

BBY - Buy 9 Sustainable Dividend Dogs Of Barron's July Top 100

2024-07-15 03:23:49 ET Summary Barron’s seventh annual (2024) ranking of sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, a...

BBY - Catalyst Watch: Netflix, Taiwan Semi, Amazon, and HashiCorp are in the spotlight

2024-07-12 15:00:29 ET More on the markets S&P 500: Quantifying The Prospects For A Lost Decade SPY: Higher Multiples Are Justified Wall Street Exclusive - Searching For Diversity Investors inject capital into the fund market for the tenth week in twelve ...

BBY - Best Buy could see comp sales turn positive as AI-enabled laptops fuel replacement cycle

2024-07-07 09:00:00 ET As the four-year, post-COVID replacement cycle nears and as industry trends paint an upbeat outlook to the consumer electronics segment, Best Buy’s ( NYSE: BBY ) stock price could surpass $95 as a return to positive comparable sales fueled by the offeri...

BBY - Dividend Champion, Contender, And Challenger Highlights: Week Of July 7

2024-07-06 10:27:12 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

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