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Zacks News
Incorporated in 1966 and headquartered in Richfield, MN, Best Buy Company Inc. (BBY) is a multinational specialty retailer of consumer electronics, home office products, entertainment software, communication, food preparation, wellness, heath, security, appliances and related services. The company operates in the United States, Canada and Mexico. Both segments are engaged in the development of merchandise and service offerings, supply chain and procurement, pricing and promotions, online and mobile operations along with marketing and advertisements on omnichannel platforms.
Bed Bath & Beyond Makes Organizational Changes to Fight Woes
by Zacks Equity Research
Bed Bath & Beyond (BBBY) is cutting roughly 2,800 jobs as part of its new restructuring effort, which is likely to help combat the adverse impacts of coronavirus.
Best Buy (BBY) Q2 Earnings & Sales Beat Estimates, Up Y/Y
by Zacks Equity Research
Best Buy's (BBY) Q2 results gain from growth across most categories. However, the company is cautious and expects slowed rate of growth for the third quarter.
Stock Futures Mostly Higher on Trade Talks, Dow's Shake-Up in Focus
by Zacks Equity Research
This morning, Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer had a telephonic discussion with Chinese vice premier Liu He.
Strong Market Momentum Continues
by Zacks Equity Research
Strong Market Momentum Continues
Best Buy (BBY) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Best Buy (BBY) delivered earnings and revenue surprises of 56.88% and 0.70%, respectively, for the quarter ended July 2020. Do the numbers hold clues to what lies ahead for the stock?
5 Hot Retail Earnings Charts
by Tracey Ryniec
The coronavirus pandemic rushed digital innovation in the retail sector. These are some of the winners.
Best Buy, Dollar General and Ulta Beauty are part of Zacks Earnings Preview
by Zacks Equity Research
Best Buy, Dollar General and Ulta Beauty are part of Zacks Earnings Preview
Pre-Markets Indicate Solid Start to the Week: Will the Rally Last?
by Zacks Equity Research
If this momentum lasts, Wall Street will continue its rally for the fifth consecutive month. The rally is being supported by better-than-expected economic data.
What's in the Cards for Abercrombie (ANF) in Q2 Earnings?
by Zacks Equity Research
Abercrombie (ANF) is likely to have seen continued headwinds from higher costs for inventory reduction and lower promotions in Q2. Store reopening and online are likely to have aided.
Hibbett (HIBB) to Report Q2 Earnings: What is in Store?
by Zacks Equity Research
Hibbett's (HIBB) Q2 sales are expected to have gained from pent-up consumer demand, additional government incentives, increasing online shopping and the temporary closure of its rival stores.
Wall Street Starts Week on Strong Momentum
by Zacks Equity Research
Wall Street Starts Week on Strong Momentum
Factors Likely to Affect Gap (GPS) This Earnings Season
by Zacks Equity Research
Gap's (GPS) Q2 performance is likely to have been negatively impacted by declines in in-store sales for all formats and changing consumers preference. Also, dismal margins remain a concern.
Factors to Watch as Coty (COTY) Gears Up for Q4 Earnings
by Zacks Equity Research
Coty's (COTY) fourth-quarter fiscal 2020 results are likely to reflect coronavirus concerns like soft traffic and lower travel. Nonetheless, the e-commerce business has been trending well.
Ulta Beauty (ULTA) Gears Up for Q2 Earnings: Things to Note
by Zacks Equity Research
Ulta Beauty's (ULTA) second-quarter fiscal 2020 results are likely to reflect softness in the makeup category and escalated costs. Nonetheless, the company's e-commerce business has been strong.
Things You Must Know Ahead of Dollar Tree's (DLTR) Q2 Earnings
by Zacks Equity Research
Dollar Tree (DLTR) is expected to have witnessed strong momentum in its business in Q2. A rebound in demand for discretionary categories is anticipated to have aided the top line.
Whirlpool, ODP Corp. and Best Buy highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Whirlpool, ODP Corp. and Best Buy highlighted as Zacks Bull and Bear of the Day
Bear of the Day: Office Depot (ODP)
by Madeleine Johnson
A reverse stock split and disappointing earnings are bad news for this office products retailer.
Improving Economic Momentum Driving Earnings Gains
by Sheraz Mian
Q3 earnings for the S&P 500 index are currently expected to decline -23.9% from the same period last year. But the growth picture has been steadily improving since the start of July...
Hain Celestial (HAIN) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
Hain Celestial's (HAIN) fourth-quarter fiscal 2020 results might reflect gains from transformation strategy.
Is DICK'S Sporting (DKS) Likely to Beat Q2 Earnings Estimates?
by Zacks Equity Research
The gradual reopening of stores throughout the quarter and continued momentum in online sales are expected to have aided DICK'S Sporting's (DKS) top and bottom lines in second-quarter fiscal 2020.
Ulta Beauty (ULTA) to Keep Stores Closed This Thanksgiving
by Zacks Equity Research
Ulta Beauty (ULTA) will announce specific store hours for the holiday season, while keeping stores shut on Thanksgiving.
Factors to Watch as Smucker (SJM) Gears Up for Q1 Earnings
by Zacks Equity Research
Smucker's (SJM) first-quarter fiscal 2021 results are likely to reflect rising retail demand amid the pandemic, though away-from-home food demand might have suffered.
Here's Why Best Buy (BBY) is a Great Momentum Stock to Buy
by Zacks Equity Research
Does Best Buy (BBY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Will Medtronic's (MDT) Emergent Procedures Drive Q1 Earnings?
by Zacks Equity Research
Medtronic's (MDT) cardiac rhythm business might have recorded growth given several ICD launches in Q1.
What's in the Offing for Best Buy (BBY) in Q2 Earnings?
by Zacks Equity Research
Robust consumer demand might show on Best Buy's (BBY) second-quarter fiscal 2021 results. However, soft margins remain a concern.