Best Buy Co., Inc.

Equities

BBY

US0865161014

Computer & Electronics Retailers

Real-time Estimate Cboe BZX Other stock markets 02:25:42 2024-05-17 pm EDT			5-day change	1st Jan Change
73.05 ^USD	-0.80%		-1.48%	-6.66%

May. 13	Best Buy Q1 Will Give More Insight into Consumer Electronics Market Trends, UBS Says	MT
May. 13	GoPro Expands Retail Business at Best Buy	MT

Best Buy Co., Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023

July 27, 2022 at 04:15 pm EDT

Best Buy Co., Inc. provided earnings guidance for the second quarter of fiscal year 2023. For the period, the company expects comparable sales to decline approximately 13%, with revenue approximately 7.5% higher than pre-pandemic Second Quarter FY20. This compares to 19.6% comparable sales growth in Second Quarter FY22.

Latest news about Best Buy Co., Inc.

Best Buy Q1 Will Give More Insight into Consumer Electronics Market Trends, UBS Says	May. 13	MT
GoPro Expands Retail Business at Best Buy	May. 13	MT
Citigroup Adjusts Price Target on Best Buy to $67 From $76	May. 07	MT
Evercore ISI Adjusts Price Target on Best Buy to $80 From $85	May. 07	MT
Best Buy Co Receives a Shareholder Proposal from John Chevedden	Apr. 30	CI
Best Buy and CNET Partner to Enhance Customer Shopping Journey	Apr. 25	CI
Best Buy Insider Sold Shares Worth $290,154, According to a Recent SEC Filing	Apr. 11	MT
Alphabet: collaboration between Google and Accenture	Apr. 10	CF
Sector Update: Tech Stocks Rise Late Afternoon	Apr. 09	MT
Sector Update: Tech Stocks Advance Tuesday Afternoon	Apr. 09	MT
Sector Update: Tech	Apr. 09	MT
Google Deploys Generative AI Technology in Several Collaborations	Apr. 09	MT
Accenture: AI collaboration with Best Buy and Google	Apr. 09	CF
Singapore Shares Up at Market Close; Fu Yu Shares Surge 7%	Apr. 04	MT
Fu Yu Partners with myFirst for North America Expansion; Shares up 5%	Apr. 03	MT
Best Buy Insider Sold Shares Worth $2,293,695, According to a Recent SEC Filing	Mar. 25	MT
Best Buy Insider Sold Shares Worth $675,463, According to a Recent SEC Filing	Mar. 25	MT
Best Buy Insider Sold Shares Worth $482,427, According to a Recent SEC Filing	Mar. 25	MT
Best Buy Insider Sold Shares Worth $582,135, According to a Recent SEC Filing	Mar. 25	MT
Best Buy Insider Sold Shares Worth $324,972, According to a Recent SEC Filing	Mar. 25	MT
Best Buy Insider Sold Shares Worth $416,827, According to a Recent SEC Filing	Mar. 25	MT
North American Morning Briefing : Tech in Focus on -2-	Mar. 25	DJ
JPMorgan Upgrades Best Buy to Overweight From Neutral, Adjusts Price Target to $101 From $89	Mar. 22	MT
North American Morning Briefing : Investors -2-	Mar. 21	DJ
US retail sales to rise at a slower pace in 2024, says NRF	Mar. 20	RE

Chart Best Buy Co., Inc.

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Company Profile

Best Buy Co., Inc. specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows: - the United States (92.4%): activity insured, at 28/01/2023, through a network of 978 stores distributed by names mainly between Best Buy (925) and Pacific Sales (20); - Canada (7.6%): 160 stores distributed between Best Buy (127) and Best Buy Mobile (33). Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca).

Sector

Computer & Electronics Retailers

Calendar

2024-05-30 - Q1 2025 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

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Ratings for Best Buy Co., Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

73.64 USD

Average target price

85.56 USD

Spread / Average Target

+16.18%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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