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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
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
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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
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
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.