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

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.

Aug 24, 2021

Best Buy President Stepping Down

Best Buy president Mike Mohan is leaving the company after 17 years. His role will not be replaced, but distributed among other executives.

Apr 30, 2021

Best Buy Shatters Q2 Sales Expectations

Best Buy total sales rise 5.8% for Q2 to $9.9 billion, with online sales up 242%, driven by home office and home schooling needs.

Aug 25, 2020

Best Buy Retains 81% of Sales During Pandemic

Best Buy reports a 155% uptick in online sales and retains 81% of sales during last six weeks of Q1, despite stores being closed during pandemic.

May 21, 2020

Vermont Orders ‘Big-Box’ Retailers to Cease Sales of Consumer Electronics

Vermont governor orders Best Buy, Walmart and others to halt in-person sales of ‘non-essential items’ to halt spread of coronavirus.

Apr 02, 2020