Article Best BuyRMR

Best Buy Q1 Sales Fall 10% on ‘Cautious’ Consumer Spending

Best Buy warns of ‘cautious’ consumer retail spending, while its Totaltech program thrives. Stock rises on news.  

May 26, 2023

Best Buy Q4 Earnings Beat Expectations Despite 9% Sales Slump

Company's success still translates to stock loss as outlook for consumer electronics continues to worsen throughout the broader market.

Mar 03, 2023

Best Buy Q3 Revenues Fall 10% Driven by Home Theater Decline

Best Buy's largest declines are in home theater and computing. Wall St. reacts positively as $10.5B revenue beats market forecasts by $290M.

Nov 22, 2022

Article Best Buy

Best Buy Q2 Revenues Fall 12%

Best Buy's Q2 financial report shows a dip in domestic revenue to the tune of 12%; CEO says sales environment is uneven.

Aug 30, 2022