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Best Buy stock fell 7% in early trading. As of the market close on Monday, shares were up nearly 19% year to date, trailing behind the S&P 500's ( ^GSPC ) 25% gain. The earnings breakdown
UBS Senior Research Analyst Michael Lasser joins Yahoo Finance Live to discuss earnings for Best Buy and Dick's Sporting Goods as well as the outlook for retail.
Looking forward, Best Buy lowered its fiscal guidance for the 12 months ending in January 2024. Revenue for the year is now expected to come in between $43.1 billion and $43.7 billion, compared to ...
On the English stock exchange, a transaction by which, if a member has sold securities which he fails to deliver on settling day, or any of the succeeding ten days following the settlement, the buyer may give instructions to a stock exchange official to "buy in" the stock required. The official announces the quantity of stock, and the purpose ...
Best Buy Stock Drops. Following the earnings call, Best Buy stock (NYSE: BBY) dropped $10.52 to just under $103 per share at market close, a dip of 9.27%. Other big box retailers, including ...
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.
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