1 Retail Stock I'd Rather Own Than Best Buy
2026-03-10 10:00:00 ET
Last week, Best Buy (NYSE: BBY) posted mixed results for its fiscal 2026 fourth quarter, missing analysts' consensus revenue expectations but beating earnings expectations. Looking ahead to its fiscal 2027, CFO Matt Bilunas said the retailer was "excited about the momentum in our business," but also warned it will "continue to navigate a mixed macro environment."
Despite the quarter's mixed results and the macroeconomic challenges the company may face, investors still liked what they saw enough to boost the stock price last week after the report was published.
Best Buy certainly grabbed headlines after its earnings report, but I believe another retail stock has much more upside ahead.
NASDAQ: BBY
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