Latest Articles
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How Much Is Best Buy’s Revenue And Gross Profit Expected To Change 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?
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How Is Best Buy’s Revenue Composition Trending?
Have more questions about Best Buy ? Click on the links below: Best Buy Earnings: Strong Performance in E-Commerce How Much Is Best Buy’s Revenue And Gross Profit Expected To Change In The Next Five Years?
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Best Buy Appoints A New CFO: Should This Transition Concern Its Investors?
Recently, Best Buy (NYSE:BBY) announced that Sharon McCollam, the company’s chief administrative and chief financial officer, will step down on June 14 th and will be replaced by Corie Barry, a 16-year veteran at the company and its current chi...
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Best Buy Earnings: Strong Performance in E-Commerce
Best Buy (NYSE:BBY) delivered better than expected results in the first quarter of fiscal 2017 on May 24. On a constant currency basis, Enterprise revenue declined 0.8% year-over-year (y-o-y) to $8.44 billion, easily exceeding the Reuters’...
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Best Buy Earnings Preview: International Declines To Continue
Best Buy (NYSE:BBY) is scheduled to announce its first quarter fiscal 2017 results on Tuesday, May 24. In Q4 2016, Enterprise revenue declined 4.1% year-over-year (y-o-y) to $13.6 billion. This decline was attributed to a 1.8% comp sales declin...
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Same Day Delivery: Best Buy’s Plan to Take On Amazon?
Recently, Best Buy (NYSE:BBY) announced that it is expanding its test of same-day delivery to 13 major metroplitan markets across the United States. While the company had started this pilot in San Francisco last year, several other cities inc...
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Best Buy And Its Battle Against Declining Trends In Tablets And Mobile Phones
Best Buy (NYSE:BBY) recently reported its earnings for Q4, 2016, which were better than the street estimates. The company reported non-GAAP EPS of $1.53 versus $1.48 last year. Overall revenues reported were $13.6 billion. Domestic revenue decli...
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Disappointing Holiday Sales, But Is Best Buy On A Turnaround Track?
Best Buy (NYSE:BBY) released it December sales report, confirming that Holiday sales were weaker than hoped. Revenues declined a 0.8% year on year and same store sales were down 1.2%.. Based on this report, the company updated its fourth qua...
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What Factors Led To A Trend Reversal In Best Buy’s Stock?
In 2012, consumer electronics retailer Best Buy (NYSE:BBY) was suffering from high operating costs and impaired profitability. The company’s inability to upgrade its business model further added to the woes, culminating in the resignation of its...
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Product Innovation In Appliances And Consumer Electronics Will Drive Top Line Growth At Best Buy
Best Buy’s (NYSE:BBY) US revenues have been under pressure for the last few years as online retailers took away market share. After falling 10% to about $32 billion in 2012, the company’s Renew Blue strategy helped stabilize the sale...
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Where Are Americans Spending Their Money?
Submitted by Wall St. Daily as part of our contributors program Where Are Americans Spending Their Money? By Jonathan Rodriguez, Senior Analyst Last Friday, the U.S. Department of Commerce released its October retail sales figures. Fo...
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Best Buy Q3 Earnings: Cost Cuts Help Expand Profits As Weak Industry Sales Weigh On Top Line
Best Buy (NYSE:BBY) reported its earnings for the third quarter ended October on November 19th. The consumer electronics retailer reported an earnings per share of $0.37, exceeding a consensus estimate of $0.35. Given weak demand, the company d...
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Two Key Factors Which Will Drive Best Buy’s Growth In Future
Best Buy (NYSE:BBY) launched a transformation program in 2012 on the back of declining margins and comparable sales. Several initiatives under this program have started showing results in terms of improving margins and sales. The company’s strat...
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How Best Buy’s “Renew Blue” Transformation Program Can Impact Its Valuation
Best Buy ‘s (NYSE:BBY) gross margin for its U.S. stores declined from 25% to 22% between 2011 and 2014. U.S. stores account for more than 80% of our price estimate for the retailer. We expect the margin decline to continue over the forecast...
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Best Buy Could Be In For A Tough Holiday Season As Competition Rises
The 2015 holiday season is just around the corner and retailers are gearing up for it. In the past year or so, brick-and-mortar retailers have been reinventing their business models to get back in the race against online rivals. As they are bette...
