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Best Buy Co Inc (BBY.N)

BBY.N on New York Stock Exchange

77.74USD
19 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Amazon, Best Buy Announce Multiyear Partnership To Offer New Fire TV Edition Smart TVs
Wednesday, 18 Apr 2018 05:56am EDT 

April 18 (Reuters) - Best Buy Co Inc ::BEST BUY SAYS AMAZON AND CO SIGN EXCLUSIVE MULTIYEAR PARTNERSHIP TO OFFER NEW FIRE TV EDITION SMART TVS.AS FIRST STEP IN PARTNERSHIP, BEST BUY WILL LAUNCH MORE THAN TEN 4K AND HD FIRE TV EDITION MODELS FROM TOSHIBA, INSIGNIA, BEGINNING THIS SUMMER.  Full Article

Signet Jewelers Adds Two Directors To Its Board
Wednesday, 14 Mar 2018 06:45am EDT 

March 14 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS ADDS TWO DIRECTORS TO ITS BOARD.SIGNET JEWELERS LTD - SHARON MCCOLLAM AND NANCY REARDON JOIN BOARD.SIGNET JEWELERS LTD - ANNOUNCED COMPREHENSIVE THREE-YEAR TRANSFORMATION PLAN TO DRIVE GROWTH AND LONG TERM FINANCIAL PERFORMANCE.SIGNET JEWELERS LTD - BOARD NOW NUMBERS 12 MEMBERS.SIGNET JEWELERS LTD - MCCOLLAM SERVED AS EXECUTIVE VICE PRESIDENT, CHIEF ADMINISTRATIVE, CHIEF FINANCIAL OFFICER OF BEST BUY CO.  Full Article

Best Buy Co Says CEO Joly Adopts Stock Trading Plan
Tuesday, 6 Mar 2018 05:15pm EST 

March 6 (Reuters) - Best Buy Co Inc ::BEST BUY CO - ON MARCH 2, CEO HUBERT JOLY ADOPTED A PLAN FOR TRADING UP TO 190,000 SHARES OF CO'S COMMON STOCK.BEST BUY CO - FOLLOWING SALES ANTICIPATED UNDER PLAN, CEO JOLY WILL CONTINUE TO RETAIN ABOUT 90 PERCENT OF HIS CURRENT HOLDINGS.  Full Article

Best Buy Co Inc - ‍Costs Associated With Exit Or Disposal Activities​
Thursday, 1 Mar 2018 06:12am EST 

March 1 (Reuters) - Best Buy Co Inc ::BEST BUY CO INC - ‍COSTS ASSOCIATED WITH EXIT OR DISPOSAL ACTIVITIES​.BEST BUY - EXPECTS TO INCUR TOTAL PRE-TAX RESTRUCTURING CHARGES IN RANGE OF $55 TO $65 MILLION FROM BEST BUY MOBILE STAND-ALONE STORES CLOSURES​.BEST BUY CO INC - ‍TO CLOSE ALL OF ITS 257 REMAINING BEST BUY MOBILE STAND-ALONE STORES IN UNITED STATES BY MAY 31, 2018​.BEST BUY CO INC - ‍EXPECTS THAT MAJORITY OF THESE CHARGES WILL BE RECORDED IN Q1 OF FISCAL 2019​.BEST BUY-EXPECTED TOTAL CHARGES INCLUDE BETWEEN $53 MILLION AND $63 MILLION OF CASH PAYMENTS RELATED TO TERMINATION OF STORE LEASES TO BE PAID OVER NEXT YEAR.BEST BUY CO INC SAYS STORE CLOSURES ARE AS A RESULT OF "CHANGING ECONOMICS" IN MOBILE INDUSTRY - SEC FILING.  Full Article

Best Buy sets regular quarterly cash dividend of $0.34 per share
Friday, 17 Nov 2017 08:00am EST 

Nov 17 (Reuters) - Best Buy Co Inc :Sets regular quarterly cash dividend of $0.34 per share.  Full Article

Best Buy reports Q3 earnings $0.78/shr
Thursday, 16 Nov 2017 07:00am EST 

Nov 16 (Reuters) - Best Buy Co Inc :Best Buy reports third quarter results.Q3 earnings per share $0.78 from continuing operations.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Sees Q4 2018 non-GAAP earnings per share $1.89 to $1.99.Best Buy Co Inc - ‍raising FY18 financial outlook​.Qtrly ‍enterprise comparable sales increased 4.4%​.Best Buy Co Inc - ‍planning to spend approximately $2 billion on share repurchases this fiscal year, versus our original expectation of $1.5 billion​.Best Buy Co Inc - ‍raising full year revenue growth outlook to 4.0% to 4.8%​.Best Buy Co Inc - ‍raising FY non-GAAP operating income growth outlook to 7.0% to 9.5%​.Best Buy Co Inc - qtrly enterprise revenue ‍​$9,320 million versus $8,945 million.Best Buy Co Inc - ‍sees FY18 enterprise revenue of $41.0 billion to $41.3 billion, or growth of 4.0% to 4.8%​.Best Buy Co Inc sees ‍on a 52-week basis, enterprise revenue growth of approximately 3.0% for fy18​.Best Buy Co Inc sees ‍on a 52-week basis, enterprise non-GAAP operating income growth rate of 3.0% to 6.5% for fy18​.Best Buy Co - ‍"despite our moderate expectations for mobile phone launches in quarter, revenue in mobile category was materially lower than expected"​.Best Buy Co Inc - ‍estimate that related costs from natural disasters negatively impacted eps by approximately $0.03​ in quarter.Best Buy Co Inc - ‍estimate loss of revenue by natural disasters​ impacted enterprise comparable sales by 15 to 20 basis points in quarter.  Full Article

Best Buy sees adjusted diluted earnings of $4.75 to $5 for fiscal 2021​
Tuesday, 19 Sep 2017 08:30am EDT 

Sept 19 (Reuters) - Best Buy Co Inc -:Best Buy investor day details 'best Buy 2020: building the new blue' growth strategy.Best Buy Co Inc - ‍provides long-term financial targets for fiscal 2021​.Best Buy Co Inc sees ‍enterprise revenue of $43 billion for fiscal 2021 versus $39.4 billion in fiscal 2017​.Best Buy Co Inc sees ‍non-gaap diluted eps of $4.75 to $5.00 for fiscal 2021​.Best Buy Co Inc - co ‍recently expanded its in-home advisor program to all major U.S. markets​.  Full Article

Best Buy sets regular quarterly cash dividend of $0.34 per share
Wednesday, 30 Aug 2017 08:00am EDT 

Aug 30 (Reuters) - Best Buy Co Inc :Sets regular quarterly cash dividend of $0.34 per share.  Full Article

Best Buy Co reports Q2 non-GAAP earnings per share of $0.69 from continuing operations
Tuesday, 29 Aug 2017 07:00am EDT 

Aug 29 (Reuters) - Best Buy Co Inc :Best Buy reports better-than-expected second quarter results.Q2 non-GAAP earnings per share $0.69 from continuing operations.Q2 GAAP earnings per share $0.67 from continuing operations.Q2 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.Sees Q3 2018 non-GAAP earnings per share $0.75 to $0.80.Sees ‍Q3 FY18 enterprise revenue of $9.3 billion to $9.4 billion​.Best Buy Co Inc - qtrly enterprise revenue $8,940 million versus $8,533 million.Sees ‍Q3 FY18 enterprise comparable sales growth of 4.5 percent to 5.5 percent​.Best Buy Co Inc - qtrly enterprise comparable sales up 5.4 percent.Sees ‍FY18 enterprise revenue growth of approximately 4.0 percent​.Sees ‍FY18 enterprise non-GAAP operating income growth rate of 4.0 percent to 9.0 percent​.Sees ‍Q3 ‍enterprise comparable sales growth of 4.5 percent to 5.5 percent​.Sees ‍FY18 enterprise non-GAAP operating income growth rate of 2.0 percent to 6.0 percent on a 52-week basis​.‍On a 52-week basis, sees FY enterprise revenue growth of approximately 2.5 percent​.Q3 earnings per share view $0.65, revenue view $8.99 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $3.90, revenue view $40.48 billion -- Thomson Reuters I/B/E/S.  Full Article

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