Latest Aaron`s Inc News and Updates
How Does Best Buy Stack Up against Other Specialty Retailers?
As of May 26, Best Buy was trading at a 12-month forward PE (price-to-earnings) ratio of 10.9x.
Best Buy’s Valuation: How Does It Compare to Peers?
As of April 25, Best Buy (BBY) was trading at a 12-month forward PE (price-to-earnings) ratio of 11.3x.
How Best Buy’s Valuation Compares with Peers’
As of March 22, Best Buy’s (BBY) 12-month forward PE ratio was 12.3x, while specialty retail peers GameStop (GME) and Aaron’s (AAN) had PE ratios of 5.2x and 12.9x, respectively.
Why Best Buy Stock Fell 5.7% Yesterday
Best Buy (BBY) stock fell 5.7% on December 17 in reaction to a downgrade by Bank of America Merrill Lynch to “underperform” from “neutral.”
Why Best Buy Stock Rose 2% When Major Retailers Tanked Yesterday
Best Buy (BBY) stock rose 2.1% on November 20 in reaction to the company’s better-than-expected results for the third quarter of fiscal 2019.
Is Best Buy Stock Poised to Grow More in 2018?
Best Buy (BBY) stock has risen 10% YTD as of July 25. As of the same date, Best Buy stock has fallen 0.8% since its fiscal first-quarter results.
Why Best Buy Stock Fell after Strong Fiscal Q1 2019 Earnings
Best Buy stock fell 6.6% on May 24, the day the company announced its results for the first quarter of fiscal 2019, which ended on May 5.
Can Best Buy’s Margins Improve amid Challenging Conditions?
Despite lower sales, Best Buy’s gross margin improved from 23.7% in fiscal 1Q16 to 25.4% in fiscal 1Q17.
Best Buy Wants to Improve Sales: What’s It Got up Its Sleeve?
Best Buy plans to improve its sales through a series of initiatives across merchandising, marketing, online channels, stores, supply chain, services, and customer care.
Best Buy Stock Down on Weak Outlook, CFO Departure
The market reacted negatively to the company’s weak guidance for 2Q17 and the news of Best Buy’s chief financial officer’s departure.
Assessing Best Buy’s Focus on Cost Reduction to Enhance Margins
Best Buy (BBY) is focusing on reducing costs and driving efficiencies throughout its business. Best Buy’s focus on cost reduction is important in driving its profitability.
Best Buy’s Cost Reduction Efforts: Can It Expand 3Q16 Margins?
Best Buy’s cost reduction and gross profit optimization program aims to reduce $400 million in costs over three years as of the end of fiscal 3Q16.