Best Buy beats earnings estimates as its sales decline stabilizes

Best Buy Beats Earnings Estimates As Its Sales Decline Stabilizes

1 week from now

Aug 29, 2024  · This report comes after Best Buy unveiled a new tagline, Imagine That, during the quarter, updated its app, and added more experiential spaces in stores. Same-store sales declined 2.3%, the ...

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Best Buy Beat Earnings Estimates As Its Sales Decline Stabilizes - MSN

1 week from now

Best Buy (BBY) posted better-than expected results after a series of disappointing quarters. On Thursday, the company reported revenue of $9.29 billion, compared to estimates of $9.24 …

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Why Best Buy's Stock Hit Its Highest Point In Over Two Years Today

1 week from now

Aug 29, 2024  · Despite the narrowed revenue range and an updated comparable sales projection of a 1.5% to 3% decline compared to potentially flat to down 3% previously, Best Buy expects …

investopedia.com

Best Buy Shares Surge 11% On Earnings Beat Despite Sales Decline

1 week from now

May 30, 2024  · MINNEAPOLIS - Best Buy Co., Inc. (NYSE:BBY) today reported a stronger-than-expected performance for the first quarter ended May 4, 2024, with adjusted earnings per …

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Best Buy Q2 Earnings: Domestic Sales Drop 3%, Raises FY25

1 week from now

Aug 29, 2024  · Best Buy (BBY) reported Q2 EPS of $1.34, beating street view of $1.16. Sales of $9.29B also beat estimates. Stock gained 14%. Q3 sales expected to decline 1%

benzinga.com

Downturn, What Downturn As Best Buy Leads Out Strong Retail

1 week from now

Aug 30, 2024  · Net sales dipped to $9.29 billion from $9.58 billion, but beat analyst estimates of $9.24 billion, while comparable sales declined 2.3%, compared with a 6.2% decline for the …

forbes.com

Best Buy Posts Disappointing Sales For Q1 As Consumers Pull Back …

1 week from now

May 30, 2024  · Adjusted earnings per share came in at $1.20, beating estimates of $1.08. But its net sales of $8.85 billion were a drop compared to $9.47 billion a year ago and the $8.97 …

yahoo.com

Best Buy Posts Better-Than-Expected 3Q Profits But Sales Sluggish …

1 week from now

Nov 21, 2023  · Best Buy expects full-year earnings in the range of $6 to $6.30 per share, with revenue in the range of $43.1 billion to $43.7 billion. That compares to prior revenue guidance …

usnews.com

BBY Stock: Best Buy Beats Q1 Sales Goal - Investor's Business Daily

1 week from now

May 24, 2022  · Best Buy previously guided to full-year earnings of $9 a share on sales of $50.1 billion. It now sees same-store sales declining 3% to 6%, vs. its prior outlook for a decline of …

investors.com