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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
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% ...
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
Best Buy projects to report revenue of $9.63 billion for the recent quarter, compared to $9.76 billion a year earlier, according to data from Benzinga Pro. On Friday, JPMorgan maintained an ...
Best Buy Co Inc (NYSE:BBY) continues its journey to recapture its position in American retail. Once a favorite place to shop for gadgets and electronic media, the advent of e-commerce and the rise ...
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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.
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.