Best Buy Q4 Sales Decline Due to Supply Chain Constraints
Best Buy Q4 2022 sales fall 2.6% to $14.99B, but ends fiscal year up 9.5%.. Company predicts revenue…
News March 3
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Best Buy Ekes Out 2% Growth in Q3; Stock Price Falls
Best Buy reports slower growth with lower profit margins due to price pressures on its TotalTech membership program.
News November 23
Is Now the Time to Sell Your AV Integration Business?
Buying opportunities exist in the custom electronics industry for the first time in decades, with 3X to 5X…
News October 26
Best Buy Acquires In-Home Healthcare PERS Provider Current Health
Best Buy acquires Current Health, an in-home wellness technology health platform based on a wearable armband device.
News October 12
Best Buy Takes $199 Totaltech Membership Nationwide, Adds Exclusive Access to Holiday Products
Best Buy Totaltech members will receive 10% off custom installation, free Geek Squad tech support, and access to…
News October 5
Best Buy Revenues Surge 20% Higher
Best Buy Q2 revenues hit record $11.8 billion driven by home theater, appliances, mobile phones and installation services.
News August 24
Magnolia Audio Visual Founder Len Tweten Dies at 94
Len Tweten formed Magnolia in 1954 and was early pioneer of audio and home theater before selling to…
News June 17
Best Buy Q1 Sales Up Whopping 37%
Best Buy revenues were ‘stronger than expected’ with $11.6 billion in sales from February through May. Company raises…
News May 27
Best Buy President Stepping Down
Best Buy president Mike Mohan is leaving the company after 17 years. His role will not be replaced,…
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