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Here's what Best Buy reported in Q2, compared to what Wall Street expected, per Bloomberg consensus data: Adjusted earnings per share: $1.34 versus $1.16. Net sales: $9.29 billion versus $9.24 billion
Here's what Best Buy reported, compared to Bloomberg consensus data: Adjusted EPS: $1.29 versus $1.18 expected. Net sales: $9.76 billion versus $9.90 expected. Total US sales: -7.30% versus -5.98% ...
Best Buy stock doesn't look like it has much downside. Sales have already crashed, and the PC market has bottomed out. However, there's a significant upside if AI PCs trigger an upgrade cycle.
The company was founded in March 1996 by Naveen Jain after he left Microsoft.The company started with six employees, and Jain served as CEO until 2000. [2] InfoSpace provided content and services, such as phone directories, maps, games and information on the stock market, to websites and mobile device manufacturers. [3]
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
In finance, market data is price and other related data for a financial instrument reported by a trading venue such as a stock exchange. Market data allows traders and investors to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives, and currencies. [1]
Still, Best Buy's profits surprised Wall Street to the upside in the first quarter with adjusted earnings per share of $1.15 versus analyst estimates of $1.11, per Bloomberg consensus data.
Earnings are still a month away, but this analyst isn't waiting to call Best Buy a buy. Skip to main content. Subscriptions; Animals. Business. Entertainment. Fitness. Food. Games ...