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Best Buy Co Inc (BBY.N)

BBY.N on New York Stock Exchange

62.20USD
19 Nov 2018
Change (% chg)

$-4.23 (-6.37%)
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Latest Key Developments (Source: Significant Developments)

Best Buy Co Inc Says CFO Reports Open Market Sale Of 2,982 Shares Of Common Stock At Price Of $78.35 Per Share On October 2
Thursday, 4 Oct 2018 

Oct 3 (Reuters) - Best Buy Co Inc ::BEST BUY CO INC SAYS CFO CORIE BARRY REPORTS OPEN MARKET SALE OF 2,982 SHARES OF COMMON STOCK AT PRICE OF $78.35PER SHARE ON OCTOBER 2 - SEC FILING.  Full Article

Best Buy Appoints Cindy Kent To Best Buy Board
Thursday, 4 Oct 2018 

Oct 3 (Reuters) - Best Buy Co Inc ::BEST BUY APPOINTS CINDY KENT TO BEST BUY BOARD OF DIRECTORS.BEST BUY CO INC - KENT MOST RECENTLY SERVED AS PRESIDENT AND GENERAL MANAGER OF INFECTION PREVENTION DIVISION AT 3M CO.  Full Article

Best Buy Acquires Connected Health Services Provider For $800 Mln
Thursday, 16 Aug 2018 

Aug 15 (Reuters) - Best Buy Co Inc ::BEST BUY ACQUIRES GREATCALL, A LEADING CONNECTED HEALTH SERVICES PROVIDER.BEST BUY ACQUIRES GREATCALL, A LEADING CONNECTED HEALTH SERVICES PROVIDER.BEST BUY CO INC - DEAL FOR FOR $800 MILLION IN CASH.BEST BUY CO INC - ACQUISITION IS IN LINE WITH BEST BUY 2020 STRATEGY.BEST BUY CO INC - EXPECTS IMPACT OF ACQUISITION ON ITS NON-GAAP EARNINGS TO BE NEUTRAL IN FISCAL 2019 AND FISCAL 2020.BEST BUY CO INC - ACQUISITION IS NOT EXPECTED TO IMPACT BEST BUY'S DIVIDEND STRATEGY.BEST BUY CO INC - GREATCALL WILL MAINTAIN ITS SAN DIEGO HEADQUARTERS.BEST BUY CO INC - EXPECTS DEAL TO BE ACCRETIVE BY FISCAL 2021.BEST BUY CO INC - DAVID INNS WILL REMAIN AS CEO OF GREATCALL.  Full Article

Pricer Wins Follow-Up Order From U.S. Retailer Best Buy
Monday, 18 Jun 2018 

June 18 (Reuters) - Pricer AB ::PRICER RECEIVES FOLLOW-UP ORDER FROM LEADING US RETAILER.BEST BUY HAS PLACED A FURTHER ORDER TO DEPLOY PRICER'S ELECTRONIC SHELF LABELS (ESL) AND DIGITAL SHELF-EDGE SOLUTIONS IN ABOUT 30 STORES.ESTIMATED VALUE OF NEW ORDER IS SEK 45 MILLION AND WILL BE INCLUDED IN PRICER'S ORDER INTAKE FOR Q2 2018.DELIVERIES ARE EXPECTED TO BE COMPLETED DURING 2018.  Full Article

Best Buy Co Sets Regular Quarterly Cash Dividend Of $0.45Per Share
Friday, 25 May 2018 

May 25 (Reuters) - Best Buy Co Inc ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.45PER SHARE.  Full Article

Greenlight Capital Inc Cuts Share Stake In Apple, CNX Resources
Wednesday, 16 May 2018 

May 15 (Reuters) - Greenlight Capital Inc: :GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN APPLE INC BY 71.4 PERCENT TO 628,100 SHARES.GREENLIGHT CAPITAL INC TAKES SHARE STAKE IN ABERCROMBIE & FITCH OF 212,500 SHARES - SEC FILING.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN BEST BUY INC.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN NORDSTROM INC.GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN CNX RESOURCES CORP BY 40.3 PERCENT TO 10.6 MILLION SHARES.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN J C PENNEY CO.GREENLIGHT CAPITAL INC - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Best Buy Says Co Entered Into $1.25 Bln 5-Year Senior Unsecured Revolving Credit Facility Agreement
Saturday, 21 Apr 2018 

April 20 (Reuters) - Best Buy Co Inc ::BEST BUY CO SAYS ON APRIL 17, CO ENTERED INTO A $1.25 BILLION FIVE-YEAR SENIOR UNSECURED REVOLVING CREDIT FACILITY AGREEMENT - SEC FILING.BEST BUY CO INC SAYS 5-YEAR FACILITY AGREEMENT PERMITS BORROWINGS UP TO $1.25 BILLION & TERMINATES IN APRIL 2023 - SEC FILING.BEST BUY CO INC - FIVE-YEAR FACILITY AGREEMENT WILL REPLACE PREVIOUS $1.25 BILLION SENIOR UNSECURED REVOLVING CREDIT FACILITY.  Full Article

Best Buy sets regular quarterly cash dividend of $0.34 per share
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Best Buy Co Inc :Sets regular quarterly cash dividend of $0.34 per share.  Full Article

Best Buy reports Q3 earnings $0.78/shr
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Best Buy Co Inc :Best Buy reports third quarter results.Q3 earnings per share $0.78 from continuing operations.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Sees Q4 2018 non-GAAP earnings per share $1.89 to $1.99.Best Buy Co Inc - ‍raising FY18 financial outlook​.Qtrly ‍enterprise comparable sales increased 4.4%​.Best Buy Co Inc - ‍planning to spend approximately $2 billion on share repurchases this fiscal year, versus our original expectation of $1.5 billion​.Best Buy Co Inc - ‍raising full year revenue growth outlook to 4.0% to 4.8%​.Best Buy Co Inc - ‍raising FY non-GAAP operating income growth outlook to 7.0% to 9.5%​.Best Buy Co Inc - qtrly enterprise revenue ‍​$9,320 million versus $8,945 million.Best Buy Co Inc - ‍sees FY18 enterprise revenue of $41.0 billion to $41.3 billion, or growth of 4.0% to 4.8%​.Best Buy Co Inc sees ‍on a 52-week basis, enterprise revenue growth of approximately 3.0% for fy18​.Best Buy Co Inc sees ‍on a 52-week basis, enterprise non-GAAP operating income growth rate of 3.0% to 6.5% for fy18​.Best Buy Co - ‍"despite our moderate expectations for mobile phone launches in quarter, revenue in mobile category was materially lower than expected"​.Best Buy Co Inc - ‍estimate that related costs from natural disasters negatively impacted eps by approximately $0.03​ in quarter.Best Buy Co Inc - ‍estimate loss of revenue by natural disasters​ impacted enterprise comparable sales by 15 to 20 basis points in quarter.  Full Article

Best Buy Co Inc's Q1 GAAP EPS $0.60 from continuing operations
Thursday, 25 May 2017 

May 25 (Reuters) - Best Buy Co Inc :Best Buy reports better-than-expected first quarter revenue and profit.Q1 GAAP earnings per share $0.60 from continuing operations.Q1 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Sees Q2 2018 non-GAAP earnings per share $0.57 to $0.62.Q1 non-GAAP earnings per share $0.60 from continuing operations.Qtrly enterprise revenue $8,528 million versus $8,443 million.Qtrly enterprise comparable sales up 1.6% percent.Sees enterprise revenue in range of $8.6 billion to $8.7 billion for Q2.Sees enterprise comparable sales change in range of 1.5% to 2.5% in Q2.Sees enterprise revenue growth of approximately 2.5% in FY2018.Now expecting FY revenue growth of approximately 2.5% versus original guidance of approximately 1.5%..Updating FY topline guidance to reflect better-than-expected Q1 results and Q2 guidance.Expecting full year non-GAAP operating income growth of 3.5% to 8.5% versus original guidance of 1% to 3% growth..Q2 earnings per share view $0.59, revenue view $8.48 billion -- Thomson Reuters I/B/E/S.A 52-week basis, enterprise revenue growth of approximately 1.0%.FY revenue view $39.88 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $8.28 billion -- Thomson Reuters I/B/E/S.  Full Article

Same-day delivery company Deliv raises $40 million in latest funding round

NEW YORK Deliv Inc, an Uber-like startup that uses a fleet of contract drivers to pick up online orders from stores and malls for a fee, said it has raised $40 million in a new round of funding from investors, including Alphabet Inc's Google.