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BBY / Best Buy Tops Quarterly Expectations but Lowers Outlook on Falling Sales

Best Buy Tops Quarterly Expectations but Lowers Outlook on Falling Sales
Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances. Read More
Posted: Aug 29 2023, 13:15
Author Name: Investopedia
Views: 110677

BBY News  

Reasons Why Best Buy (BBY) Should be in Your Portfolio Now

By Zacks Investment Research
October 31, 2023

Reasons Why Best Buy (BBY) Should be in Your Portfolio Now

Best Buy (BBY) is expected to benefit from its store fleet optimization, lucrative membership program, growth investments and shareholder-friendly pol more_horizontal

Time to Sell: These 3 Stocks May Plunge Ahead of 2024

By InvestorPlace
October 27, 2023

Time to Sell: These 3 Stocks May Plunge Ahead of 2024

Not every stock is a winner, and exiting positions before they get worse can shield you from losses. Granted, you shouldn't exit a stock just because more_horizontal

Best Buy recalls 930,000 pressure cookers due to possible burn hazard

By New York Post
October 27, 2023

Best Buy recalls 930,000 pressure cookers due to possible burn hazard

A massive amount of pressure cookers have been put under recall, with seller Best Buy being prompted to do so Thursday due to an issue that could lead more_horizontal

Best Buy recalls more than 900,000 pressure cookers for burn hazard

By Market Watch
October 26, 2023

Best Buy recalls more than 900,000 pressure cookers for burn hazard

Best Buy Co. is recalling more than 900,000 Insignia pressure cookers following numerous reports that their contents were expelled under pressure, lea more_horizontal

3 Dividend Stocks to Avoid at All Costs: October 2023

By InvestorPlace
October 23, 2023

3 Dividend Stocks to Avoid at All Costs: October 2023

Interest rates are soaring, the economy faces many challenges and the Federal Reserve remains aggressive in its campaign to stamp out inflation. Amid more_horizontal

3 Risky Retail Stock Bets That Could Pay Off Big Time

By InvestorPlace
October 23, 2023

3 Risky Retail Stock Bets That Could Pay Off Big Time

As circumstances sit right now, the concept of high-risk, high-reward retail stocks likely favors the bears more so than the contrarian bulls. Let's b more_horizontal

Best Buy will stop selling DVDs and Blu-rays after the 2023 holiday season

By New York Post
October 16, 2023

Best Buy will stop selling DVDs and Blu-rays after the 2023 holiday season

Best Buy customers looking to purchase DVDs or Blu-ray discs will have to find another retailer after the 2023 holiday season. Starting in 2024, sales more_horizontal

Best Buy will soon stop selling DVDs

By CNN Business
October 14, 2023

Best Buy will soon stop selling DVDs

Grab physical DVDs while you still can. more_horizontal


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