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Best Buy Co Inc (BBY)

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30 Jun 2016
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Thu, Jun 30 2016

BRIEF-Best Buy entered into a revolving credit facility agreement with JPMorgan Chase Bank N.A on June 27 - SEC Filing

* On June 27 co entered into a $1.25 billion five-year senior unsecured revolving credit facility agreement with JPMorgan Chase Bank N.A

BRIEF-Best Buy sets qtly cash dividend of $0.28/shr

* Sets regular quarterly cash dividend of $0.28 per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

Best Buy forecasts profit below estimates, shares plunge

Best Buy Co Inc's earnings beat expectations on Tuesday and the company registered strong online sales growth, but a lower-than-expected outlook for current-quarter profit sent its shares down more than 7 percent in early trade. | Video

UPDATE 3-Best Buy forecasts profit below estimates, shares plunge

May 24 Best Buy Co Inc's earnings beat expectations on Tuesday and the company registered strong online sales growth, but a lower-than-expected outlook for current-quarter profit sent its shares down more than 7 percent in early trade.

Electronics retailer Best Buy's quarterly revenue falls 1.3 pct

May 24 Best Buy Co Inc's quarterly revenue fell 1.3 percent, the third straight quarter of decline, as strong demand for wearable devices, appliances and home theaters failed to offset weak sales of mobile phones and computers.

Best Buy forecast misses expectations

Best Buy Co Inc forecast current-quarter sales and profit below analysts' estimates as the biggest U.S. consumer electronics retailer by store count struggles with falling sales of mobile devices. | Video

UPDATE 1-Best Buy forecasts 1st-qtr sales, profit below analyst estimates

Feb 25 Best Buy Co Inc forecast current-quarter sales and profit below analysts' estimates as the biggest U.S. consumer electronics retailer by store count struggles with falling sales of mobile devices.

Best Buy's quarterly revenue falls 4.1 pct

Feb 25 Best Buy Co Inc, the biggest U.S. consumer electronics retailer, reported a 4.1 percent decline in quarterly revenue, hurt by weak demand for mobile phones and computing products.

Judge fine-tunes cable warranty case against Monster, Best Buy

A federal judge in San Francisco has cut all fraud claims against HDMI cable maker Monster Inc and dismissed Best Buy Stores entirely from a potential class action alleging that they tricked U.S. consumers into buying Monster's nearly $200 cables when a much cheaper version would work just as well.

Best Buy lowers sales outlook after holiday sales drop

Best Buy Co Inc said it expected its U.S. sales to fall by about 1.5 percent in the current quarter after weak demand for mobile phones during the holiday season, pushing its shares down 6 percent in premarket trading on Thursday.

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