Best Buy Co., Inc. (BBY)
| Market Cap | 16.86B |
| Revenue (ttm) | 43.54B |
| Net Income (ttm) | 1.28B |
| Shares Out | 215.40M |
| EPS (ttm) | 5.79 |
| PE Ratio | 13.52 |
| Forward PE | 12.85 |
| Dividend | $3.68 (4.70%) |
| Ex-Dividend Date | Dec 11, 2023 |
| Volume | 1,834,656 |
| Open | 78.45 |
| Previous Close | 78.46 |
| Day's Range | 78.00 - 78.95 |
| 52-Week Range | 62.30 - 93.32 |
| Beta | 1.53 |
| Analysts | Hold |
| Price Target | 77.64 (-0.82%) |
| Earnings Date | Nov 21, 2023 |
About BBY
Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, home theater, portable audio comprising headphones and portable spea... [Read more]
Financial Performance
In 2022, Best Buy Co.'s revenue was $46.30 billion, a decrease of -10.55% compared to the previous year's $51.76 billion. Earnings were $1.42 billion, a decrease of -42.18%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for BBY stock is "Hold." The 12-month stock price forecast is $77.64, which is a decrease of -0.82% from the latest price.
News
Best Buy Canada Launches Extra Hot Deals for Boxing Day - The Biggest Shopping Day of the Year
VANCOUVER, British Columbia--(BUSINESS WIRE)--At Best Buy Canada Boxing Day remains the biggest shopping day of the year, and we're excited to help Canadians score the best deals of the season. Best B...
Best Buy gets upgraded to buy ahead of AI tech launches
When it comes to the companies positioned to benefit from artificial intelligence (AI) breakthroughs, Best Buy Co., Inc. NYSE: BBY likely doesn't come to mind. But maybe it should.
KIA TAKES HOME THREE 2024 CONSUMER GUIDE AUTOMOTIVE BEST BUY AWARDS
The Kia EV6, Telluride and Soul won Best Buy awards in their respective segments All-electric EV6 named a 2024 Best Buy in the compact crossover category Telluride recognized with a Best Buy award i...
KIA EV9 AND TELLURIDE WIN 2024 KELLEY BLUE BOOK BEST BUY AWARDS
All-new 2024 Kia EV9 wins the Best 3-Row Electric Vehicle award 2024 Kia Telluride celebrates fifth consecutive year as a Kelley Blue Book Best Buy Awards winner, taking the win in the Best Midsize SU...
The Best Dyson Airwrap Deals at Best Buy for Cyber Week 2023: Top Dyson Airwrap Multi-Styler Complete Long Savings Compared by Retail Fuse
BOSTON--(BUSINESS WIRE)--The top Dyson Airwrap deals at Best Buy for Cyber Week 2023, featuring all the latest savings on the Dyson Airwrap multi-styler Complete Long.
Dyson Purifier Deals at Best Buy for Cyber Week 2023: Best Dyson Pure Hot + Cool, Purifier Humidify + Cool & More Savings Reviewed by Deal Tomato
BOSTON--(BUSINESS WIRE)--Review the latest Dyson air purifier deals at Best Buy for Cyber Week 2023.
Dyson V12 & V11 Deals at Best Buy (2023): Top Cyber Week Dyson Cordless Vacuum Deals Compared by Saver Trends
BOSTON--(BUSINESS WIRE)--Comparison of all the top Dyson V12 & V11 cordless vacuum deals at Best Buy for Cyber Week.
Dyson V8 Cordless Vacuum Deals at Best Buy (Cyber Week 2023): Top Dyson Cordless Vacuum Sales Rated by Spending Lab
BOSTON--(BUSINESS WIRE)--Review of the top Dyson V8 cordless vacuum Cyber Week deals at Best Buy for 2023.
Dyson Supersonic Hair Dryer Deals at Best Buy (Cyber Week 2023) Highlighted by Deal Stripe
BOSTON--(BUSINESS WIRE)--A review of the top Dyson Supersonic hair dryer Cyber Week deals at Best Buy for 2023.
The Best Dyson V15 Detect Deals for Cyber Week 2023 at Best Buy Reviewed by Deal Tomato
BOSTON--(BUSINESS WIRE)--Check out the latest Dyson V15 Detect & Dyson V15 Detect Extra cordless vacuum deals for Cyber Week 2023 at Best Buy.
Dyson Cordless Vacuum Deals (Cyber Week 2023): Dyson V15, V12, V11, V8 & More Vacuum Sales At Best Buy Rounded Up by Saver Trends
BOSTON--(BUSINESS WIRE)--Here's a round-up of all the top Dyson cordless vacuum deals for Cyber Week at Best Buy.
DoorDash Adds Best Buy to on-Demand Delivery Platform
DoorDash is offering on-demand delivery of consumer electronics from Best Buy. The new partnership marks the appearance of a national consumer electronics retailer on the local commerce platform, Door...
Best Buy combating theft with higher staffing levels in stores
Best Buy CEO Corrie Barry says the company has largely been able to stave off the surge in shoplifting other retailers have seen, thanks in large part to having more manpower in stores.
Feel like buying the dip on Best Buy? Your gut may be right
Sometimes, buying the dip on a stock can turn into trying to catch a falling knife, and the consequences may be more expensive than a hospital visit and a few stitches. However, there are times when b...
2023 Holiday Shopping, Black Friday Survey Reveals Amazon, Walmart As Winners: A Look At The Trends - Best Buy Co (NYSE:BBY), Amazon.com (NASDAQ:AMZN)
The 2023 holiday shopping season started for many and will kick into high gear for others with the annual Black Friday shopping holiday, which offers discounts from a number of publicly traded retaile...
Best Buy Announces Regular Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.92 per common share. The quarterly dividend ...
Why Best Buy can handle the pressure of lower demand
Shares of Best Buy (BBY) traded lower on Tuesday as the company reported a fall in comparable sales for the eighth straight quarter. According to Reuters, Best Buy forecasted a bigger decline in annua...
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout counter.
Best Buy flags weakening consumer demand heading into holiday shopping season
Elevated interest rates, a shift to spending on services from goods and a resumption in student loan repayments have further strained appetite for electronics and home-office products.
Midday Movers: Best Buy and Lowe's Drop, Newmont and Freeport-McMoRan Gain
U.S. equities were down at midday as a string of retailers warned about consumer spending heading into the key holiday shopping season. The Dow, S&P 500, and Nasdaq all fell.
Best Buy Shares Fall After Cutting Its Outlook, Citing 'Uneven' Demand
Best Buy (BBY) shares slumped as the electronics retailer's sales declined and it cut its guidance on a slowdown in consumer spending.
Best Buy Misses on Sales and Lowers Guidance. Consumer Demand Is 'Uneven.
The company's earnings came in ahead of expectations, but revenue trends are still choppy.
Best Buy cuts sales forecast, as holiday shoppers hunt for deals
Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.
Best Buy's stock slides premarket after revenue miss and as retailer lowers guidance
Best Buy Co. Inc.'s stock BBY fell 2.4% in premarket trade Tuesday, after the electronics retailer posted weaker-than-expected third-quarter revenue and lowered guidance to reflect a choppy and uncert...
Best Buy Reports Third Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter ended October 28, 2023 (“Q3 FY24”), as compared to the 13-week third quarter ended Oc...