Best Buy's Sales Boost Strategy Has One Major Flaw. According to Entrepreneur's latest report, the days of the COVID-19 pandemic are over. A sign marks the location of a Best Buy store on August ...

For the second quarter 2020, Best Buy reported a +3.9% increase in enterprise sales of $9.9 Billion compared to $9.5 Billion last year. Domestic sales increased +3.6% to $9.1 Billion from $8.8 ...

Best Buy’s results were stable in the fourth quarter due to 11% growth in online sales driven primarily by the price matching strategy in the holiday season.

Shares of this Zacks Rank #3 (Hold) company have lost 2.1% over the past year compared with the industry’s decline of 15.7%. Despite the positives, Best Buy has been witnessing soft sales across ...

“The comparable sales growth of 9% in the quarter is the result of the strong execution of our strategy combined with better product availability,'' Corie Barry, Best Buy's chief financial ...

At their investors day conference on Tuesday, Best Buy executives — including CEO Hubert Joly — outlined their strategy to advance the electronics retailer from a defensive stance to a growth ...

Best Buy's newly appointed CEO, Hubert Joly, unveiled a strategy to stem the deterioration of the electronics retailer's sales and profit margins, in part by focusing on online sales and cutting ...

For fiscal 2025, the Zacks Consensus Estimate for Best Buy’s sales and earnings per share (EPS) is currently pegged at $44.6 billion and $6.86, respectively. These estimates mirror corresponding ...

The electronics retailer saw sales fall to $16.37 billion in the three months ended Jan. 29, down from $16.94 billion a year ago, but comparable sales grew 10.4% and shares rose 9%.

For fiscal 2025, the Zacks Consensus Estimate for Best Buy’s sales and earnings per share (EPS) is currently pegged at $44.6 billion and $6.86, respectively. These estimates mirror corresponding ...