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Best Buy Co Inc (BBY.N)

BBY.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Best Buy Hiring Thousands For Holiday Season
Saturday, 5 Oct 2019 

Oct 4 (Reuters) - Best Buy Co Inc ::BEST BUY HIRING THOUSANDS FOR HOLIDAY SEASON.  Full Article

Best Buy Q2 GAAP Earnings Per Share $0.89
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Best Buy Co Inc ::BEST BUY REPORTS BETTER-THAN-EXPECTED SECOND QUARTER EARNINGS.Q2 NON-GAAP EARNINGS PER SHARE $1.08.Q2 GAAP EARNINGS PER SHARE $0.89.Q2 EARNINGS PER SHARE ESTIMATE $0.99 -- REFINITIV IBES DATA.SEES Q3 NON-GAAP EARNINGS PER SHARE $1.00 TO $1.05.SEES FY NON-GAAP EARNINGS PER SHARE $5.60 TO $5.75.QTRLY ENTERPRISE COMPARABLE SALES INCREASED 1.6%.QTRLY ENTERPRISE REVENUE $9,536 MILLION VERSUS $9,379 MILLION REPORTED A YEAR EARLIER.UPDATED FY GUIDANCE FACTORS IN BEST ESTIMATE OF IMPACT OF RECENT ANNOUNCEMENTS REGARDING TARIFFS ON GOODS FROM CHINA.SEES Q3 ENTERPRISE REVENUE OF $9.65 BILLION TO $9.75 BILLION.UPDATED FY GUIDANCE ALSO FACTORS IN GENERAL UNCERTAINTY RELATED TO OVERALL CUSTOMER BUYING BEHAVIOR IN BACK HALF OF YEAR.SEES Q3 ENTERPRISE COMPARABLE SALES GROWTH OF 0.5% TO 1.5%.SEES Q3 NON-GAAP DILUTED EPS OF $1.00 TO $1.05.SEES FY ENTERPRISE REVENUE OF $43.1 BILLION TO $43.6 BILLION.SEES FY ENTERPRISE COMPARABLE SALES GROWTH OF 0.7% TO 1.7%.FY EARNINGS PER SHARE VIEW $5.69 -- REFINITIV IBES DATA.FY REVENUE VIEW $43.60 BILLION -- REFINITIV IBES DATA.  Full Article

Best Buy Co Inc Says In Connection With Appointment Of CFO, Matthew Bilunas Will Receive Annual Base Salary Of $750,000
Thursday, 25 Jul 2019 

July 24 (Reuters) - Best Buy Co Inc ::BEST BUY CO INC SAYS IN CONNECTION WITH APPOINTMENT OF CFO, MATTHEW BILUNAS WILL RECEIVE ANNUAL BASE SALARY OF $750,000.  Full Article

Best Buy Names Matt Bilunas Chief Financial Officer
Thursday, 25 Jul 2019 

July 24 (Reuters) - Best Buy Co Inc ::BEST BUY NAMES COMPANY VETERAN, MATT BILUNAS, ITS NEW CHIEF FINANCIAL OFFICER.BEST BUY CO INC - PREVIOUS CFO, CORIE BARRY, ASSUMED ROLE OF BEST BUY CEO IN JUNE 2019.BEST BUY CO INC - PREVIOUS CFO, CORIE BARRY, ASSUMED ROLE OF BEST BUY CEO IN JUNE 2019.BEST BUY CO INC - CORIE BARRY, ASSUMED ROLE OF BEST BUY CEO IN JUNE 2019.BEST BUY - MATT BILUNAS, SENIOR VICE PRESIDENT OF ENTERPRISE AND MERCHANDISE FINANCE, WILL BE PROMOTED TO CHIEF FINANCIAL OFFICER, EFFECTIVE JULY 29.  Full Article

Best Buy CEO Says The Impact Of Tariffs Be Felt By U.S. Consumers
Thursday, 23 May 2019 

May 23 (Reuters) - Best Buy::BEST BUY CEO SAYS IMPACT OF TARIFFS AT 25% WILL RESULT IN PRICE INCREASES & WILL BE FELT BY U.S. CONSUMERS- CONF CALL .BEST BUY CEO SAYS WE'VE BEEN ABLE TO MINIMIZE IMPACT OF TARIFFS BY EMPLOYING STRATEGIES, INCLUDING BUYING PRODUCTS AHEAD TARIFFS BEING IMPLEMENTED.BEST BUY CEO SAYS PREMATURE TO SPECULATE ON THE IMPACT OF FURTHER TARIFFS AS IT IS UNCLEAR WHETHER THIS WILL ACTUALLY BE IMPLEMENTED WITH PRODUCTS.  Full Article

Best Buy Co Reports Q1 Non-GAAP Earnings Per Share of $1.02
Thursday, 23 May 2019 

May 23 (Reuters) - Best Buy Co Inc ::BEST BUY REPORTS BETTER-THAN-EXPECTED FIRST QUARTER EARNINGS.Q1 NON-GAAP EARNINGS PER SHARE $1.02.Q1 GAAP EARNINGS PER SHARE $0.98.Q1 EARNINGS PER SHARE ESTIMATE $0.86 -- REFINITIV IBES DATA.SEES Q2 NON-GAAP EARNINGS PER SHARE $0.95 TO $1.00."Q1 WAS A STRONG QUARTER AND A GOOD START TO YEAR".QTRLY ENTERPRISE COMPARABLE SALES INCREASED 1.1%.AS WE LOOK TO FULL YEAR, WE ARE REITERATING GUIDANCE WE PROVIDED AT BEGINNING OF YEAR.QTRLY ENTERPRISE REVENUE $9,142 MILLION VERSUS $9,109 MILLION.SEES Q2 ENTERPRISE REVENUE OF $9.5 BILLION TO $9.6 BILLION.BEST BUY - FY OUTLOOK BALANCES BETTER-THAN-EXPECTED Q1 EARNINGS, AND ESTIMATE OF IMPACT ASSOCIATED WITH RISE IN TARIFFS ON GOODS IMPORTED FROM CHINA.FY EARNINGS PER SHARE VIEW $5.66, REVENUE VIEW $43.56 BILLION -- REFINITIV IBES DATA.  Full Article

Best Buy Co's Hubert Joly Gets Compensation Of $17.4 Mln
Thursday, 2 May 2019 

May 1 (Reuters) - Best Buy Co Inc ::BEST BUY CO INC - HUBERT JOLY'S 2019 TOTAL COMPENSATION WAS $17.4 MILLION VERSUS $16.8 MILLION IN 2018.BEST BUY CO INC - ESTIMATE THAT JOLY’S ANNUAL TOTAL COMPENSATION WAS APPROXIMATELY 605 TIMES THAT OF MEDIAN EMPLOYEE..  Full Article

Amazon, Best Buy Announce Multiyear Partnership To Offer New Fire TV Edition Smart TVs
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Best Buy Co Inc ::BEST BUY SAYS AMAZON AND CO SIGN EXCLUSIVE MULTIYEAR PARTNERSHIP TO OFFER NEW FIRE TV EDITION SMART TVS.AS FIRST STEP IN PARTNERSHIP, BEST BUY WILL LAUNCH MORE THAN TEN 4K AND HD FIRE TV EDITION MODELS FROM TOSHIBA, INSIGNIA, BEGINNING THIS SUMMER.  Full Article

Signet Jewelers Adds Two Directors To Its Board
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS ADDS TWO DIRECTORS TO ITS BOARD.SIGNET JEWELERS LTD - SHARON MCCOLLAM AND NANCY REARDON JOIN BOARD.SIGNET JEWELERS LTD - ANNOUNCED COMPREHENSIVE THREE-YEAR TRANSFORMATION PLAN TO DRIVE GROWTH AND LONG TERM FINANCIAL PERFORMANCE.SIGNET JEWELERS LTD - BOARD NOW NUMBERS 12 MEMBERS.SIGNET JEWELERS LTD - MCCOLLAM SERVED AS EXECUTIVE VICE PRESIDENT, CHIEF ADMINISTRATIVE, CHIEF FINANCIAL OFFICER OF BEST BUY CO.  Full Article

Best Buy Co Says CEO Joly Adopts Stock Trading Plan
Wednesday, 7 Mar 2018 

March 6 (Reuters) - Best Buy Co Inc ::BEST BUY CO - ON MARCH 2, CEO HUBERT JOLY ADOPTED A PLAN FOR TRADING UP TO 190,000 SHARES OF CO'S COMMON STOCK.BEST BUY CO - FOLLOWING SALES ANTICIPATED UNDER PLAN, CEO JOLY WILL CONTINUE TO RETAIN ABOUT 90 PERCENT OF HIS CURRENT HOLDINGS.  Full Article

UPDATE 1-Best Buy targets $50 bln in revenue by 2025, eyes health tech boost

Sept 25 Best Buy Co Inc aims to rake in revenue of $50 billion and cut about $1 billion in costs by 2025, while ramping up its healthcare technology business, the biggest U.S. consumer electronics retailer said on Wednesday.