Best Buy is a leading retailer of consumer electronics, offering a wide range of products including computers, smartphones, appliances, and home entertainment systems. The company provides a mix of online and in-store shopping experiences, allowing customers to access various services such as product installation, repair, and tech support. Best Buy also places a strong emphasis on fostering a knowledgeable workforce and delivering exceptional customer service, helping consumers navigate the rapidly evolving technology landscape. Additionally, the company has made efforts to promote sustainability and responsible recycling of electronic products. Read More
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Major retailers like Walmart and Best Buy, car manufacturers like Ford and Subaru, and companies as varied as Procter & Gamble and Mattel have issued warnings that they will be raising prices due to the uncertainty around Trump’s tariffs.
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on July 10, 2025, to shareholders of record as of the close of business on June 19, 2025. The company had 211,299,033 shares of common stock issued and outstanding as of May 3, 2025.
The wholesale chain indicated that it will maintain its prices for now, a move that contrasts with several competing retailers, such as Walmart, which are also adopting this approach.
Electronics retailer Best Buy (NYSE:BBY) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $8.77 billion. Its non-GAAP EPS of $1.15 per share was 5% above analysts’ consensus estimates.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Shares of electronics retailer Best Buy (NYSE:BBY) fell 9.2% in the afternoon session after the company reported mixed first-quarter 2025 results: its EBITDA missed, and it lowered its full-year revenue and EPS guidance.
Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion of President Donald Trump’s tari
