Discretionary spending is recovering one category at a time
Retailers such as BJ’s, Best Buy, and Target point to a gradual recovery in certain discretionary categories as they…
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Best Buy lifts annual profit forecast as cost controls pay off
Best Buy (BBY.N), opens new tab raised its annual profit forecast on Thursday, as tighter controls on costs…
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Best Buy thrives in holiday quarter on discounts, paid memberships
Best Buy (BBY.N), opens new tab posted a smaller drop in fourth-quarter sales than expected and beat profit estimates on Thursday…
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Best Buy Cuts Forecasts as Sales Fall Short. Consumer Demand Is ‘Uneven.’
Best Buy (ticker: BBY) posted adjusted earnings of $1.29 a share in the third quarter, beating the consensus call for $1.19 among analysts…
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Best Buy signals more pain for electronics retailers with muted profit forecast
Best Buy Co Inc (BBY.N) on Thursday joined peers with a cautious annual earnings forecast as uncertainty over the U.S. economic outlook tempers expectations for a recovery in demand for TVs, laptops and other electronic products. U.S. retailers offered bigger discounts than usual during the holiday season to stoke demand as surging costs of rent…
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