Latest Articles
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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 ...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
