Edition:
United States

Best Buy Co Inc (BBY)

BBY on New York Consolidated

55.18USD
23 Jun 2017
Change (% chg)

$-0.04 (-0.07%)
Prev Close
$55.22
Open
$54.99
Day's High
$55.46
Day's Low
$54.83
Volume
4,088,402
Avg. Vol
4,688,004
52-wk High
$61.95
52-wk Low
$29.05

Latest Key Developments (Source: Significant Developments)

Best Buy Co sets regular qrtrly cash dividend of $0.34per share
Friday, 26 May 2017 08:00am EDT 

May 26 (Reuters) - Best Buy Co Inc : :Sets regular quarterly cash dividend of $0.34per share.  Full Article

Symantec says Norton Core is available for pre-order purchase at Amazon and Best Buy
Monday, 15 May 2017 08:00am EDT 

May 15 (Reuters) - Symantec Corp :Amazon, Best Buy offer pre-orders of Norton Core.Norton by Symantec announced that Norton Core, secure wi-fi router, is available for pre-order purchase at Amazon and Best Buy.  Full Article

Iot Group says unit signed an agreement with Synnex Canada Ltd
Monday, 17 Apr 2017 07:17pm EDT 

April 18 (Reuters) - IoT Group Ltd IoT.AX::Unit IoT Group US LLC has signed an agreement with one of largest distribution companies in canada - Synnex Canada Limited.Synnex will represent IoT group us LLC within Canada and through Best Buy Canada.IoT marketing team currently working with Best Buy - Canada to finalize roll out programs such as point of sale.  Full Article

Best Buy Co announces two-year $3 bln share repurchase plan
Wednesday, 1 Mar 2017 07:01am EST 

Best Buy Co Inc : Best Buy Co Inc - two-year $3 billion share repurchase plan . Best BUY CO INC - 21 pct increase in quarterly dividend to $0.34 per share . Best Buy Co Inc - board of directors approved a new $5 billion share repurchase authorization for company's common stock . Best Buy Co Inc - company is targeting a non-GAAP dividend payout ratio between 35 pct and 45 pct. .Best Buy Co - new $5 billion share repurchase authorization supersedes existing authorization dated June 2011 which had $2.2 billion in purchases remaining.  Full Article

Best Buy reports Q4 non-GAAP earnings per share $1.95
Wednesday, 1 Mar 2017 07:00am EST 

Best Buy Co Inc : Best Buy reports better-than-expected fourth quarter earnings . Q4 non-GAAP earnings per share $1.95 from continuing operations . Best Buy Co Inc - Qtrly enterprise revenue $13,482 million versus $13,623 million . Sees Q1 2018 non-GAAP earnings per share $0.35 to $0.40 . Q4 earnings per share view $1.67 -- Thomson Reuters I/B/E/S . Best Buy Co - Announced 21% increase in our dividend and a share repurchase plan that accelerates from $1 billion over two years to $3 billion over two years . Best Buy Co Inc - Qtrly enterprise comparable sales down 0.7% . Best Buy Co Inc - Sees Q1 enterprise revenue in range of $8.2 billion to $8.3 billion . Best Buy Co Inc - Sees Q1 international comparable sales change in range of flat to 3.0% . Best Buy Co Inc - Sees FY enterprise revenue growth of approximately 1.5% on a 53-week basis . Best Buy Co Inc - Sees FY enterprise non-GAAP operating income growth rate in low single digits on a 53-week basis . Q1 earnings per share view $0.49 -- Thomson Reuters I/B/E/S .Q4 earnings per share view $1.67, revenue view $13.62 billion -- Thomson Reuters I/B/E/S.  Full Article

U.S. CPSC says Best Buy agrees to pay $3.8 million civil penalty
Monday, 3 Oct 2016 03:48pm EDT 

U.S. Consumer Product Safety Commission : U.S. Consumer Product Safety Commission -Best Buy agrees to pay $3.8 million civil penalty, implement internal compliance program for distributing and selling recalled products . U.S. Consumer Product Safety Commission -Between September 2010 and October 2015, Best Buy sold about 600 recalled items, including more than 400 canon cameras, to consumers .U.S. Consumer Product Safety Commission -Agreement settles charges that Best Buy knowingly sold 16 different recalled products during 2010 through 2015.  Full Article

Best Buy Co sets quarterly cash dividend of $0.28/shr
Wednesday, 24 Aug 2016 08:00am EDT 

Best Buy Co Inc :Sets regular quarterly cash dividend of $0.28 per share.  Full Article

Best Buy Co posts Q2 earnings $0.56/shr from continuing operations
Tuesday, 23 Aug 2016 07:00am EDT 

Best Buy Co Inc : Reports better-than-expected second quarter results . Q2 non-GAAP earnings per share $0.57 from continuing operations . Q2 GAAP earnings per share $0.56 from continuing operations . Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . Sees Q3 2017 non-GAAP earnings per share $0.43 to $0.47 . Qtrly enterprise revenue $8,533 million versus $8,528 million last year . Sees Q3 enterprise revenue in range of $8.8 billion to $8.9 billion . Best Buy Co Inc sees Q3 international revenue change of flat to down 5 percent . Sees Q3 enterprise and domestic comparable sales of approximately 1 pct . Qtrly enterprise comparable sales up 0.8 percent . Beginning in January FY17, company will no longer issue an interim holiday press release . Anticipate both enterprise and domestic comparable sales growth of approximately 1 pct in Q3 . Will no longer issue an interim holiday press release due to increasing significance of month of Jan to co's overall Q4 results .Reaffirming expectation of approximately flat revenue for FY and raising our full year non-GAAP operating income outlook.  Full Article

Best Buy entered into a revolving credit facility agreement with JPMorgan Chase Bank N.A on June 27 - SEC Filing
Thursday, 30 Jun 2016 04:39pm EDT 

Best Buy Co Inc : On June 27 co entered into a $1.25 billion five-year senior unsecured revolving credit facility agreement with JPMorgan Chase Bank N.A . Five-Year facility agreement will replace previous $1.25 billion senior unsecured revolving credit facility .Five-Year facility agreement permits borrowings up to $1.25 billion and terminates in June 2021.  Full Article

Best Buy sets qtly cash dividend of $0.28/shr
Wednesday, 25 May 2016 08:00am EDT 

Best Buy Co Inc :Sets regular quarterly cash dividend of $0.28 per share.  Full Article

More From Around the Web

BRIEF-Best Buy Co sets regular qrtrly cash dividend of $0.34per share

* Sets regular quarterly cash dividend of $0.34per share Source text for Eikon: Further company coverage: