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Best Buy Says 10% Owner Reports Open Market Sale Of 499,174 Common Shares At $116.50/Shr
Best Buy Co Inc Files For Potential Debt Shelf Offering; Size Not Disclosed
Best Buy Co Sets Regular Quarterly Cash Dividend Of $0.55 Per Share
Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers products and services to the customers visiting its stores, engaging with Geek Squad agents, or using its Websites or mobile applications. It has operations in the United States, Canada and Mexico. The Company operates through two segments: Domestic and International. The Domestic segment consists of the operations in all states, districts and territories of the United States, under various brand names, including Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, and Pacific Kitchen and Home. The International segment consists of all operations in Canada and Mexico under the brand names, Best Buy, bestbuy.com.ca, bestbuy.com.mx, Best Buy Express, Best Buy Mobile and Geek Squad. As of December 31, 2016, the Company operated 1,200 large-format and 400 small-format stores throughout its Domestic and International segments.
7601 Penn Ave S
Russell P. Fradin
Chairman of the Board
R. Michael Mohan
President, Chief Operating Officer
Corie S. Barry
Chief Executive Officer, Director
Matthew M. Bilunas
Chief Financial Officer
Chief Human Resources Officer; President, U.S. Retail Stores
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Eager to capture any holiday-related spending as early as possible this year, Walmart Inc <WMT.N>, ASOS <ASOS.L>, Best Buy <BBY.N> and other major retailers are turning Black Friday into a multi-day promotion.
Consumer electronics retailer Best Buy Co Inc <BBY.N> warned of a slowdown in sales in the third quarter as it faces risks from the coronavirus pandemic including unemployment, lower government stimulus and potential product shortages.
Best Buy Co Inc beat quarterly same-store sales estimates on Tuesday as online demand for computers and other electronic accessories needed to work from home surged for a second straight quarter.
Best Buy Inc <BBY.N> said on Tuesday its quarter-to-date sales rose about 2.5%, driven by a surge in online shopping for electronic devices and appliances, sending its shares up 4% in extended trading.
Best Buy Co Inc <BBY.N> said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services to support a surge in online shopping from people staying at home due to the COVID-19 pandemic.
Best Buy Co Inc reported a 5.3% fall in quarterly same-store sales on Thursday, as the electronics retailer had to close stores due to the COVID-19 pandemic.
A U.S. appeals court on Tuesday ruled that Best Buy's disciplining of an employee who made a racist, sexually-charged comment in front of coworkers was enough to shield the retailer from liability for creating a hostile work environment.
Best Buy Co Inc said on Wednesday it would furlough about 51,000 hourly U.S. store employees and that its sales dropped about 5% in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic.
Electronics retailer Best Buy Co Inc said on Wednesday it would furlough about 51,000 hourly U.S. store employees but retain a vast majority of its full-time store and field workers to cater to a surge in demand for work-from-home equipment due to the coronavirus lockdowns.
Best Buy Co Inc <BBY.N> said on Saturday that the company withdrew all financial guidance for fiscal 2021, for both the first quarter and full year, due to increased uncertainty related to the potential impacts of the coronavirus.
* BEST BUY CO INC- DUE TO COVID-19 UNCERTAINITIES, WITHDRAWING ALL FISCAL 2021 FINANCIAL GUIDANCE PREVIOUSLY ISSUED ON FEBRUARY 27, FOR BOTH Q1 AND FY
* SAYS STARTING WEDNESDAY, MARCH 18, STORE HOURS WILL BE REDUCED TO 10 A.M. TO 6 P.M. LOCAL TIME
Retailer Best Buy Co Inc <BBY.N> said on Wednesday Executive Chairman Hubert Joly would step down and will not stand for re-election at the shareholder meeting on June 11.
Retailer Best Buy Co Inc <BBY.N> forecast largely lower-than-expected annual profit and sales on Thursday as electronics makers curb manufacturing due the coronavirus epidemic, sending the shares down 4%.
* BEST BUY REPORTS BETTER-THAN-EXPECTED FOURTH QUARTER RESULTS
Best Buy Co Inc beat quarterly same-store sales estimates on Thursday on strong online and app sales, overcoming a largely disappointing holiday season for brick-and-mortar retailers.
Investment platforms must document how they select, monitor and deselect funds from the "Best Buy" lists they market to customers, Britain's markets watchdog said on Thursday.
U.S. consumer electronics retailer Best Buy Co <BBY.N> said on Tuesday its board had cleared Chief Executive Officer Corie Barry of misconduct allegations following an independent review.
U.S. consumer electronics retailer Best Buy Co said on Tuesday its board cleared Chief Executive Officer Corie Barry of misconduct allegations following an independent review.
U.S. consumer electronics retailer Best Buy Co <BBY.N> said on Friday that its board was conducting an independent review on allegations of misconduct against Chief Executive Officer Corie Barry after receiving an anonymous letter.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.