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Piper Sandler analyst Peter Keith recently downgraded Best Buy to neutral from overweight with a price target of $75, down ...
For the quarter ended Nov. 2, Best Buy posted a profit of $273 million, up from $263 million in the same quarter a year ago. Earnings came in at $1.26 a share, missing analyst forecasts by 4 cents ...
Best Buy shares plunge as CEO warns price increases are ‘highly likely' due to Trump tariffs By Russell Leung, CNBC • Published March 4, 2025 • Updated on March 4, 2025 at 11:06 am BOOKMARKER ...
Earnings Outlook Best Buy CEO says tariffs make price increases for Americans highly likely Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation ...
Target and Best Buy both said Trump’s tariffs on Mexico, Canada, and China will likely raise prices for consumers. Prices could go up within the next couple of days. Skip to main content ...
On Monday, Best Buy announced he will step down as CEO in June. Under Joly, Best Buy’s stock price has quadrupled, and the company has posted five consecutive years of sales growth in stores ...
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 ...
In naming Corie Barry to the chief executive job, Best Buy Co.’s board is handing the reins to the architect of the retailer’s current growth strategy, widely considered to be one of the ...
In addition, its recently formed Best Buy Health division has a new CEO who will join the company on September 1, 2020. Deborah DiSanzo is an impressive leader.
Best Buy’s CEO Corie Barry will keep her job after the board investigated misconduct allegations against her. The investigation has concluded, the audit committee of the company’s board of ...
Best Buy has spent $1 billion on acquisitions in the health space, most notably the $800 million purchase of GreatCall, a developer of smartphones, smartwatches, and medical alert devices.
Best Buy’sBBY-1.60 % decrease; red down pointing triangle chief executive warned that customers would largely bear the brunt of higher costs from Donald Trump’s new tariff pledges.