Latest Articles
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What To Expect From Best Buy’s Q1 Earnings
Best Buy (NYSE:BBY) is scheduled to announce its fiscal first quarter results on Thursday, May 25. The company reported mixed results in the fourth quarter, as its earnings beat market expectations but revenue missed. The retailer’s enterp...
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How Best Buy Can Benefit From HHGregg’s Closure
Struggling electronics and appliances retailer HHGregg recently announced the closure of all its 220 stores by the end of May this year. The company was facing significant declines in revenues and comparable sales over the past few years, and af...
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Key Takeaways From Best Buy’s Q4 Earnings
Best Buy (NYSE:BBY) announced mixed fourth quarter results on Wednesday, March 1, as its earnings beat market expectations but revenue missed. The company’s revenue declined 1% year-over-year (y-o-y) to around $13.5 billion, primarily due ...
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What To Expect From Best Buy’s Q4 Results?
Best Buy (NYSE:BBY) is scheduled to announce its fourth quarter results on Wednesday, March 1. The company reported stronger-than-expected results in the third quarter, as both its revenue and earnings came in ahead of market expectations. The r...
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Key Takeaways From Best Buy’s Q3 Earnings
Best Buy (NYSE:BBY) announced stronger than expected third quarter results on Thursday, with both its revenue and earnings beating market expectations. The company reported revenue of $8.9 billion, which beat consensus estimates by $100 millio...
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Here’s How Best Buy Can Be Impacted By Samsung’s Reputation Loss
Three years ago, Best Buy (NYSE:BBY) entered into a partnership with Samsung to open Samsung mini shops in its stores, so as to showcase the latter’s products. Best Buy now rents a lot of space to Samsung for these experience shops. Little d...
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Here’s How Best Buy Can Benefit From Partnering With Start-Ups
Editor’s Note: Do you have an analysis request? Feel free to email content@trefis.com Recently, Best Buy (NYSE:BBY) partnered with PCH international to offer hardware start-ups shelf space in its retail stores. Termed as the “Ignite Program”,...
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Is Amazon No Longer A Threat To Best Buy?
In its Q2 2017 results, Best Buy (NYSE:BBY) reported a 24% revenue growth in its online channel, with its e-commerce business amounting to nearly 11% of its total sales in the quarter, 200 basis points higher compared to the previous year. (Read...
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Key Takeaways From Best Buy’s Q2 Earnings
Best Buy (NYSE:BBY) announced better than expected second quarter results on Tuesday, with both its revenue and earnings beating market expectations. The company reported a top line of $8.5 billion which beat consensus estimates by $130 million....
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Best Buy Q2 Earnings: What Are We Expecting?
Best Buy ‘s (NYSE:BBY) is scheduled to announce its second quarter results on Tuesday, August 23. The company reported better than expected results in the first quarter, with both revenue and earnings coming in ahead of the market expectati...
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Here’s How Best Buy Can Benefit From The Growth In Virtual Reality
The Virtual Reality (VR) market is expected to witness tremendous growth in the next few years and a Forrester report estimates that the demand for VR headsets will reach 52 million units by 2020. This new technology presents a huge opportunity f...
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How Will Best Buy’s International Division Perform In The Near Term?
Best Buy ‘s (NYSE:BBY) international division primarily includes its operations in Canada and Mexico. The company’s international revenue has been decreasing from $7.9 billion in 2011 to $3.2 billion in 2015. Best Buy witnessed a sign...
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What Is Best Buy’s Fundamental Value Based On Expected 2016 Results?
Have more questions about Best Buy ? Click on the links below:+ Best Buy Earnings: Strong Performance in E-Commerce How Is Best Buy’s Revenue Composition Trending? How Much Is Best Buy’s Revenue And Gross Profit Expected To Ch...
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How Much Will Best Buy’s Revenue and EBITDA Grow In The Next Five Years?
Have more questions about Best Buy ? Click on the links below: Best Buy Earnings: Strong Performance in E-Commerce How Is Best Buy’s Revenue Composition Trending? How Much Is Best Buy’s Revenue And Gross Profit Expected To Cha...
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Why Is Best Buy Testing A New In-Home Consultation Service ?
Best Buy ‘s (NYSE:BBY) sales are increasingly threatened by Amazon, which is poised to overtake it in the consumer electronics segment. In response, Best Buy is testing a new in-home consultation service in three regions in the U.S. — A...
