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
Article Best BuyCESConsumer ElectronicsHealth and WellnessHealthcare TechnologyMasimoMasimo ConsumerMergers and AcquisitionsPartnerships
Best Buy, Atrium Health Deal Melds Consumer Electronics with Home Healthcare
Deal marks growing influence of healthcare technology and healthcare services within the custom install space.
Mar 09, 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
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Smart Home Stocks Battered in 2022
55 public companies in CE Pro Smart Home Stock Index experience 32% average drop in stock price in 2022. Only 5 companies show gains.
Jan 13, 2023
Article Best BuyBig-Box RetailersRetail
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.