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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.
Jobless Claims, Q2 GDP Up Slightly; Q2 Earnings from BBY, DG, MBUU
by Mark Vickery
Weekly Jobless Claims, a revision to Q2 GDP, Retail/Wholesale Inventories and the latest Advances Trade Balance join a flurry of late Q2 earnings reports ahead of today's opening bell.
Here's What Key Metrics Tell Us About Best Buy (BBY) Q2 Earnings
by Zacks Equity Research
The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Best Buy (BBY) Surpasses Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Best Buy (BBY) delivered earnings and revenue surprises of 16.52% and 0.63%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?
Durable Goods Orders Increase Highest Since May 2020
by Zacks Equity Research
Durable Goods Orders Increase Highest Since May 2020.
Pre-Markets Mixed Ahead of Monday's Bell
by Mark Vickery
We begin a new week of trading on a relatively even keel. Pre-market futures are pretty flat.
Ahead of Best Buy (BBY) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
by Zacks Equity Research
Evaluate the expected performance of Best Buy (BBY) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Nvidia, Salesforce, Lululemon and Best Buy are part of Zacks Earnings Preview
by Zacks Equity Research
Nvidia, Salesforce, Lululemon and Best Buy have been highlighted in this Earnings Preview article.
A Closer Look at Retail and Nvidia Earnings
by Sheraz Mian
Nvidia has established itself as a true leader of the coming artificial intelligence (AI) economy, with its next set of results scheduled to come after the market's close on Wednesday, August 28th. What can investors expect?
Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Should Invesco Bloomberg Pricing Power ETF (POWA) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for POWA
3 Stocks to Play the Rebound in Retail Sales: BBY, EAT, CARS
by Tirthankar Chakraborty
An unparalleled increase in consumer outlays bolstered retail sales in July. This calls for investing in stocks such as Best Buy (BBY), Brinker International (EAT) and Cars.com (CARS).
Retail Sales Gains in July: ETFs & Stocks to Play
by Sanghamitra Saha
Retail sales in the United States inched up 1% sequentially in July 2024.
The Zacks Analyst Blog Highlights Walmart, Amazon.com, Best Buy and Target
by Zacks Equity Research
Walmart, Amazon.com, Best Buy and Target are part of the Zacks top Analyst Blog.
Walmart Share Price on Upswing Before Q2 Earnings: Time to Buy?
by Tirthankar Chakraborty
From a technical perspective, Walmart (WMT) is looking like an interesting pick as it recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
Expedia (EXPE) Q2 Earnings & Revenues Beat Estimates, Rise Y/Y
by Zacks Equity Research
Expedia's (EXPE) second-quarter 2024 results reflect solid momentum across B2B, Brand Expedia and Advertising.
Booking Holdings (BKNG) Q2 Earnings & Revenues Beat, Rise Y/Y
by Zacks Equity Research
Booking Holdings' (BKNG) second-quarter results reflect strength in its merchant business.
Amazon (AMZN) Q2 Earnings Beat Estimates, Sales Rise Y/Y
by Zacks Equity Research
Amazon's (AMZN) second-quarter results benefit from a solid momentum in AWS. Strength in Prime contributes well.
MercadoLibre's (MELI) Q2 Earnings & Revenues Beat, Up Y/Y
by Zacks Equity Research
MercadoLibre's (MELI) second-quarter 2024 results benefit from increasing total payments volume, courtesy of the robust Mercado Pago.
Wayfair (W) Q2 Earnings Miss Estimates, Revenues Down Y/Y
by Zacks Equity Research
Wayfair's (W) second-quarter 2024 results reflect sluggishness across the United States region and lower net revenues per active customer.
Why Fast-paced Mover Best Buy (BBY) Is a Great Choice for Value Investors
by Zacks Equity Research
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Best Buy (BBY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
EBAY's Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y
by Zacks Equity Research
EBAY's second-quarter 2024 results benefit from strength in its advertising business.
Zacks.com featured highlights Best Buy, AES, Lockheed Martin, PulteGroup and Banco de Chile
by Zacks Equity Research
Best Buy, AES, Lockheed Martin, PulteGroup and Banco de Chile have been highlighted in this Screen of The Week article.
Match Group (MTCH) Q2 Earnings Meet Estimates, Revenues Up Y/Y
by Zacks Equity Research
Match Group's (MTCH) second-quarter results benefit from strength in Tinder and Hinge despite sluggish growth in total payers.
Groupon (GRPN) Reports Loss in Q2, Revenues Decrease Y/Y
by Zacks Equity Research
Groupon's (GRPN) second-quarter results reflect sluggishness in travel and goods markets. However, strong momentum across the local end-market was positive.
5 High ROE Stocks to Bet on as Markets Seek Rate Cut Clarity
by Supriyo Bose
Best Buy (BBY), AES, Lockheed Martin (LMT), PulteGroup (PHM) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as the markets await the Federal Reserve's update on the monetary policy.