Best Buy Co Inc

Electronics retailer Best Buy will soon offer three levels of membership. Here's the new Best Buy membership program works and whether it's worth it.

The Geek Squad email scam has led unsuspecting individuals to turn over thousands of dollars to scammers. Learn how to spot the scam email.

Who owns Best Buy? The electronics retailer has been expanding into healthcare technology in recent years to balance out slowing consumer electronics sales.

Retailers are already unveiling Black Friday 2021 deals. See the upcoming deals at Amazon, Walmart, and Best Buy.

A typical Best Buy employee’s salary doesn’t come close to that of Best Buy CEO Corie Barry. What's her net worth?

The Redbook Index released the same-store weekly data on Tuesday, March 11, 2014.

Apple Watch, Apple Pay, Apple TV, and iPad Pro are niche businesses for Apple (AAPL). But these still have the potential to become big in the future.

DE Shaw increased its position in specialty retailer Sears Holdings (SHLD) from 0.01% to 0.07% in 4Q 2013.

Costco’s suppliers include companies like PepsiCo (PEP), Procter & Gamble (PG), and the Kraft Heinz Company (KHC). No single supplier accounts for over 5% of revenue.

As of April 25, Best Buy (BBY) was trading at a 12-month forward PE (price-to-earnings) ratio of 11.3x.

In our Get Real market newsletter, we saw trouble in China with the Hang Seng’s free fall and the Hong Kong Act. Plus, cannabis has declined in Canada.

On June 19, Apple (AAPL) announced a partnership with US retail giant Best Buy (BBY).

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.

Best Buy (BBY) has managed to deliver higher same-store sales for three consecutive quarters. This growth came amid tough retail market conditions and heightened competition from online retailers like Amazon (AMZN).

Perhaps US-based (SPY) IT vendor Hewlett Packard Enterprise (HPE) would have generated better profits in fiscal 4Q17 if not for the impact of natural disasters.

Best Buy (BBY) stock fell 6.3% on July 10, 2017, in reaction to news of Amazon’s (AMZN) new service that will compete with Best Buy’s Geek Squad.

Hewlett-Packard Enterprise (HPE) has mentioned that enterprises and customers are shifting toward hybrid cloud, and it aims to simplify this transition.

Cabela’s peers have outperformed the company based on PBV. However, Cabela’s has outperformed its peers based on PE and PS.

Cabela’s (CAB) has been outperformed by its peers based on PBV (price-to-book value) ratio. However, Cabela’s has mostly outperformed its peers based on PE (price-to-earnings) and price-to-sales ratios.

Despite lower sales, Best Buy’s gross margin improved from 23.7% in fiscal 1Q16 to 25.4% in fiscal 1Q17.

Best Buy plans to improve its sales through a series of initiatives across merchandising, marketing, online channels, stores, supply chain, services, and customer care.

Business expansion is crucial for companies like SolarCity, which intends to expand its presence via partnerships with homebuilders and industry leaders.

The main reason for Amazon’s gross margin increase was the increasing proportion of third-party sellers who sell their products on Amazon.

Gauging a company’s debt levels is crucial to understanding its financial health. Maintaining high debt levels in uncertain times can be damaging.

To address inventory issues associated with online sales at its distribution centers, Best Buy rolled out a ship-from-store strategy.

Best Buy is building strong relationships with key suppliers to mitigate the impact of heightened competition from suppliers’ retail stores.

At Best Buy, returns, replacements, and damages account for nearly 10% of revenues and have cost the company over $400 million in losses each year.

Best Buy’s growth rate in same-store sales had been negative since fiscal 2011. Efforts to optimize the shopping experience have changed that.

The computing and mobile phone category is the largest of Best Buy’s revenue mix, accounting for 48% of the Domestic segment’s fiscal 2014 revenues.

As part of its turnaround strategy, Best Buy is also revamping its stores and trying to encourage more robust store traffic.

Before being appointed Best Buy CEO, Hubert Joly was credited with turning around two other companies. Best Buy’s stock has appreciated by 111% since.

Best Buy is the leading consumer electronics retailer in the US. Today, Best Buy has more than 1,900 stores and locations.

Everything is not hunky-dory with the e-commerce business. Brick-and-mortar stores complain that being online hurts them on two fronts.