All In Best Buy
Best Buy reports slower growth with lower profit margins due to price pressures on its TotalTech membership program.
Jason Knott · November 23, 2021
Buying opportunities exist in the custom electronics industry for the first time in decades, with 3X to 5X EBITDA multiples being paid for solid companies.
Jason Knott · October 26, 2021
Best Buy acquires Current Health, an in-home wellness technology health platform based on a wearable armband device.
Jason Knott · October 12, 2021
Best Buy Totaltech members will receive 10% off custom installation, free Geek Squad tech support, and access to ‘hard-to-get’ holiday gear.
Jason Knott · October 05, 2021
Best Buy Q2 revenues hit record $11.8 billion driven by home theater, appliances, mobile phones and installation services.
Jason Knott · August 24, 2021
Len Tweten formed Magnolia in 1954 and was early pioneer of audio and home theater before selling to Best Buy in 1988.
Jason Knott · June 17, 2021
Best Buy revenues were ‘stronger than expected’ with $11.6 billion in sales from February through May. Company raises forecasts.
Jason Knott · May 27, 2021
Best Buy president Mike Mohan is leaving the company after 17 years. His role will not be replaced, but distributed among other executives.
Jason Knott · April 30, 2021
Best Buy Beta membership pilot program includes free shipping, free installation on certain products and unlimited Geek Squad tech support.
Jason Knott · April 14, 2021
Best Buy announces solid Q4 revenues with home theater as a driver. Total Tech Support program remains strong. Retail store closings on tap.
Jason Knott · February 26, 2021