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GameStop's latest earnings flipped the script on what kind of company this actually is, and the stock price has not caught up yet. Here is why one overlooked revenue line is rewriting the entire valuation.
Wall Street returns from summer vacation to a market suddenly bracing for a rate hike, with fresh analyst calls on Intel, Lockheed Martin, Amgen, and SpaceX adding more pressure points to an already tense week.
Comparable sales surged past guidance as emerging tech categories more than doubled.
Best Buy (BBY) second-half comparable sales guidance pointed to a sequential deceleration in growth,
Net earnings increased 69.4% to $315m from $186m. Diluted EPS rose 70.1% to $1.48.
Despite tariff chaos, soaring electronics prices, and deflating consumer sentiment, Best Buy just delivered a strong beat.
Moby summary of Best Buy Co., Inc.'s Q2 2027 earnings call
Best Buy Co Inc (BBY) beats Q2 expectations with 4.1% comparable sales growth, raises full-year outlook amid innovation-driven demand.
Best Buy (NYSE:BBY) reported second-quarter fiscal 2027 results that exceeded its prior expectations, supported by growth in computing, home theater, mobile phones and newer product categories. The company raised its full-year outlook while outlining continued investments in retail media, its third-
Best Buy Co Inc (NYSE:BBY) raised its annual sales and profit forecast on Thursday after posting second-quarter results that topped Wall Street expectations, even as shares fell 5%. The consumer electronics retailer reported revenue of $9.8 billion for the quarter, above analyst estimates of...
Best Buy Co. , Inc. (NYSE:BBY) shares fell 3.
Best Buy (BBY) delivered earnings and revenue surprises of +7.30% and +2.25%, respectively, for the quarter ended July 2026. Do the numbers hold clues to what lies ahead for the stock?
(Updates to include fiscal 2027 comparable sales outlook in the seventh paragraph and most recent st
Best Buy surpassed Wall Street's expectations on Thursday in its latest quarterly results as new technology boosted the quarter.
The company now forecasts full-year adjusted earnings per share of $6.70 to $6.90, up from its prior guidance of $6.30 to $6.60.
Best Buy had a strong first quarter, and second-quarter earnings will have a tough act to follow in the face of persistent inflation.
Two retailers report earnings the same morning, selling to the same stressed American consumer, but one belongs in a retirement portfolio and one belongs in a satellite sleeve. Knowing which is which before Thursday's open could save you from a very costly mistake.
Electronics retailer Best Buy (NYSE:BBY) will be announcing earnings results this Thursday before market open. Here’s what to expect.
Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.
Monday - Apple What’s the full story? Jefferies downgrades Apple Inc (NASDAQ:AAPL) to Underperform with a $263.66 price target (16% downside) after supply-chain checks reveal the cancellation of the September 2027 all-glass "20th anniversary" iPhone due to poor production yield. This eliminates a projected $2,060 average selling price (ASP) flagship meant to anchor higher margins across future Pro models, flattening iPhone’s projected FY26–FY31 ASP growth from 9.0% to 6.8%. The growth narrative
Wall Street analysts are reshuffling their bets ahead of a critical inflation report, with major calls hitting Airbnb, AppLovin, Boeing, Spotify, and a handful of others that could move your portfolio before the week is out.
Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Fair Isaac Corp. What’s the full story? Wolfe Research downgrades Fair Isaac Corporation (NYSE:FICO) to Peer Perform with a $1,100–$1,350 fair value range. The core engine is fracturing: lenders actively game FICO Classic against VantageScore 4.0 to give borrowers lower rates. Over 20% of the
Investing.com -- Jefferies downgraded Best Buy, a U.S. consumer electronics retailer to Hold from Buy, saying the market already reflects an optimistic outlook for second-quarter comparable sales while earnings upside beyond that could prove more limited amid softer consumer demand and rising cost pressures.
Best Buy (BBY) has spent years trying to shake off a sales slump, and its next leader thinks part of the answer is smaller buildings. Jason Bonfig, who becomes Best Buy's sixth chief executive on November 1, told CNBC that he wants to open compact stores in towns and neighborhoods that its ...
Cracker Barrel's CEO is stepping down nearly a year after an attempted rebrand of the chain led to a fierce customer backlash. Cracker Barrel said Monday that CEO Julie Masino will step down next month but remain with the company until Oct. 9 in an advisory capacity. David Deno will succeed Masino on Aug. 10 as CEO.
Best Buy is expected to announce its second-quarter results soon, with consensus estimates calling for modest single-digit EPS growth.
Leaked Galaxy S27 camera plans suggest a broader Samsung lineup as retailers, carriers, and customers mull another premium smartphone tier. Samsung Electronics (SSNLF) may be preparing to give shoppers yet another expensive Galaxy phone to consider. Samsung is developing four Galaxy S27 models: the ...
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