Latest Articles
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Best Buy Reports Positive Results Too, But Remains Cautious About FY’16
The 2014 holiday season started with low market expectations and some concerns raised by industry experts about the impact of aggressive discounting to which retailers are resorting. According to the NRF foundation, sales in November and December...
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Best Buy Margins To Remain Under Pressure
Best Buy (NYSE:BBY), the largest specialty retailer of consumer electronics in the U.S., reported surprisingly strong Q3 2015 earnings earlier this month. The company reported $9.4 billion in sales, up 5.4% sequentially and a roughly flat 0.6% ye...
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Best Buy Beats Its Q3’14 Guidance As Its Renew Blue Initiative Starts To Pay Off
Best Buy (NYSE:BBY), the largest specialty retailer of consumer electronics in the U.S., reported surprisingly strong Q3 2015 earnings on November 20th. The company reported $9.4 billion in sales, up 5.4% sequentially and a roughly flat 0.6% year...
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Q3’15 Will Not Provide Any Relief For Best Buy As It Faces A Weak Consumer Electronics Market
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), will report its Q3 2015 earnings on November 20th. (The fiscal year ends in January.) A weak consumer electronics market, as well as growing competition fro...
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Best Buy Reports Dissapointing Sales & Outlook, But Strong Expense Control Improves Non-GAAP Earnings
As anticipated, Best Buy (NYSE:BBY) reported another quarter of declining sales in Q2 2015 (reported on August 26). At $8.9 billion, revenue declined 4% annually and 1.5% sequentially. However, supported by the company’s ongoing benefits of...
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Best Buy’s Q2’15 Sales To Be Impacted By The Weak Consumer Electronics Market But Long-Term Prospects Remain Positive
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), will report its Q2 2015 earnings on August 26. (Fiscal years end with January.) A weak consumer electronics market, as well as growing competition from reta...
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Why Best Buy’s Gross Margin Will Continue Declining
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), has witnessed eroding top line growth on account of growing competition from retail giants, including Amazon (NASDAQ:AMZN) and Wal-Mart (NYSE:WMT). However...
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This Red-Hot Retailer Just Won Our “Buy” Rating
Submitted by Wall St. Daily as part of our contributors program This Red-Hot Retailer Just Won Our “Buy” Rating On the merits of a surprisingly strong performance since mid-May, the retail sector just inched into positive territory f...
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Best Buy To Benefit From Increasing Online Sales
Best Buy (NYSE:BBY), the largest specialty retailer in the U.S., has witnessed eroding top line growth in the last few years on account of growing competition from online retail giants such as Amazon (NASDAQ:AMZN) and online auction sites like e...
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Best Buy Suffers From Lower Electronic Sales, But Cost Savings Improve Profits
The largest specialty retailer of consumer electronics in the U.S., Best Buy (NYSE:BBY), reported its Q1 2015 earnings on May 22. Though revenue ($9 billion) declined by 3.3% annually, meaningful progress against the Renew Blue priorities (its re...
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Best Buy’s Earnings Preview: Key Initiatives That Will Drive Growth
Best Buy (NYSE:BBY), the largest specialty retailer of consumer electronics in the U.S., will report its Q1 2015 earnings on May 22. After witnessing a significant decline in its top line in fiscal 2013, the company saw its growth re-accelerate i...
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Factors That Can Help Spur Best Buy’s Growth In The Future
Electronics retailing giant Best Buy’s (NYSE:BBY) stock price increased by approximately 200% in calendar year 2013. However, after hitting a 52-week high in November 2013 the company has seen a continuous decline in its stock value (more t...
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Factors That Led To A 40% Decline In Best Buy’s Stock Price In 2014
Best Buy (NYSE:BBY) is the largest specialty retailer of consumer electronics in the U.S. and operates stores in Canada, China and Mexico. The growing competition from retail giants including Amazon (NASDAQ:AMZN) and Wal-Mart (NYSE:WMT) has ero...
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Fifth Anniversary of 2008-09 Stock Market Low: Looking for Laggards Poised to Rebound
Submitted by George Putnam, III as part of our contributors program . Fifth Anniversary of 2008-09 Stock Market Low: Looking for Laggards Poised to Rebound March 9, 2014 was the fifth anniversary of the low point in the 2008-09 stock market me...
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Bankruptcy Warning: Sell Your Shares, ASAP
Submitted by Wall St. Daily as part of our contributors program Bankruptcy Warning: Sell Your Shares, ASAP Come Thursday at 8:30 AM, the U.S. Census Bureau will release the next round of retail sales data. And everyone will be tu...
