Latest Articles
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Best Buy’s Sales Suffer Due To Weak Holiday Season And Bad Weather
Electronics retailing giant Best Buy (NYSE:BBY) posted revenues of $14.47 billion in Q4 fiscal 2014, a 3% decline as compared to the prior year comparable quarter. (Fiscal years end with January.) Comparable Store Sales for the quarter declined ...
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Dismal Holiday Sales To Pull Down Best Buy’s Q4’14 Earnings
Electronics retailing giant Best Buy (NYSE:BBY) will announce its Q4 2014 and full year earnings on February 27. The growing competition from retail giants including Amazon (NASDAQ:AMZN) and Wal-Mart (NYSE:WMT) has eroded Best Buy’s top line g...
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Holiday Sales Brings About A Correction In Best Buy’s Valuation
Best Buy’s (NYSE:BBY) stock price has declined by over 50% since the company reported disappointing holiday sales results on January 16. It witnessed a 2.6% decline in its 2014 holiday sales (9 weeks ending January 4) compared to the same p...
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Moneymaking Secret Found Hiding Inside the Bible
Submitted by Wall St. Daily as part of our contributors program “The first will be last.” So concludes the Parable of the Workers in the Vineyard, written nearly 2,000 years ago in the Gospel of Matthew. And after a weekend’s worth of numbe...
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Year-End Stock Picks Outperformed All Market Indices
Submitted by George Putnam, III as part of our contributors program . Year-End Stock Picks Outperformed All Market Indices With Thanksgiving just around the corner and the blinding glare of 2014’s headlights staring us down, it is alrea...
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Best Buy’s Earnings Continue To Improve On Turnaround Strategy
Electronics retailing giant Best Buy (NYSE:BBY) posted revenue of $9.36 billion in Q3 fiscal 2014, which was flat as compared to the prior year. (Fiscal years end with January.) While domestic revenue showed annual growth with an increase in co...
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With Its Restructuring Efforts Underway Best Buy’s Revenue Growth Remains Under Pressure
Electronics retailing giant Best Buy (NYSE:BBY) is set to report its Q3 2014 earnings on November 19. Revenue growth has been negative for some time. The growing competition from retail giants including Amazon (NASDAQ:AMZN) and Wal-Mart (NYSE...
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Why Best Buy’s Stock Price Has Risen By Over 200%
With over 1.6 billion visits to its websites and stores every year, Best Buy (NYSE:BBY) is the largest specialty retailer of consumer electronics in the U.S. and operates stores in Canada, China and Mexico as well. The growing competition from r...
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Best Buy’s Worth $26: Factors Behind Our Revised Price Estimate
We recently revised our price estimate for electronics retailer Best Buy (NYSE:BBY) from $21.64 to $26.21, a 25% increase. The company reported its third consecutive quarter of better than forecast earnings and posted its first quarterly profit ...
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The Most Overpriced Stock of 2013?
Submitted by Wall St. Daily as part of our contributors program Best Buy ( BBY ) is crushing it this year. Shares are up almost 160% year to date. The company has its new CEO, Hubert Joly, to thank for the growth. He has cut costs dramatically...
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Best Buy’s Earnings Improve On Its Turnaround Strartegy
Electronics retailing giant Best Buy (NYSE:BBY) reported its third consecutive quarter of better than forecast earnings and posted its first quarterly profit in a year, in Q2 2014. With over 1.6 billion visitors to its websites and stores every ...
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Best Buy’s Earnings: Turnaround Will Not Show Big Gains Just Yet
Electronics retailing giant Best Buy (NYSE:BBY) will report its Q2 2014 earnings on August 20. With over 1.6 billion visitors to its websites and stores every year Best Buy is the largest specialty retailer of consumer electronics in the U.S. How...
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Best Buy’s $21 Price Estimate: Key Business Trends To Watch
Best Buy (NYSE:BBY) is one of the leading retailers of consumer electronic products with stores in the U.S., Canada, China and Mexico. It entered into a joint venture with Carphone Warehouse in 2008 to tap the growth potential in Europe but exite...
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Best Buy Partners With Microsoft To Open In-House Stores
After its partnership with Samsung, electronics retailing giant Best Buy (NYSE:BBY) has now teamed up with Microsoft to open the latter’s stores within the company’s brick-and-mortar outlets. Microsoft will be the third tech giant af...
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Best Buy Overhauls Rewards Website To Spur Online Sales
Best Buy (NYSE:BBY) is looking at integrating its customer loyalty program Rewards Zone with its website bestbuy.com, in order to enhance customer experience and drive sales. It wants to encourage shoppers to write product reviews or post about i...
