Article Best BuyRetail

Best Buy Revenues Fall Due to Lower Home Theater Demand

Best Buy revenues in the first quarter fall 8.7% to $9.89B. Profits down due to supply chain, lower margin on Totaltech service.

May 24, 2022

Article Best BuyRetail

Best Buy Launches Haul-Away Recycling Service for Home Electronics

From TVs to washing machines, Best Buy will come to customers' homes to pick up old technology for recycling.

Apr 20, 2022

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 decline of 1% to 4% this year.

Mar 03, 2022

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.

Nov 23, 2021

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 EBITDA multiples being paid for solid companies.

Oct 26, 2021

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.

Oct 12, 2021