best buy earnings

Best Buy's Stock Price Falls to a Millennium Low

Best Buy shares were crushed on Tuesday after another disappointing quarter, hitting prices that the consumer electronics giant's investors hadn't seen since the 1990s. Here are some of the reasons why Best Buy has fallen to a millennium low -- and why things may get worse.

Wall Street Watch: Waiting for All Week for Black Friday Numbers

Investors know that it will be a week of heavy eating and light trading. The market is closed on Thanksgiving, and will close early on Friday. However, it won't be a light week for retail, so the Black Friday and Cyber Monday results will be top of mind for the market-minded.

Can a New Guy Save Best Buy?

Best Buy reported another pretty dismal quarter last week, but some investors got excited anyway. Interim CEO Mike Mikan headed up the conference call for the first time and talked some interesting turnaround strategy for the retailer. But should the market buy any of it?

Best Buy Shares Slip on Weak Earnings

Best Buy Co.'s third-quarter net income fell more than expected as it lost sales of TVs and laptops to competitors. It also cut its full-year outlook...

Best Buy Beats Earnings Estimates and Raises Its Outlook

Best Buy reported fiscal second-quarter earnings grew 61% despite a decline in consumer traffic. But shoppers bought more per purchase. The results took many by surprise, especially with the company also boosting guidance, ar traffic. But shoppers bound shares shot up 8% in premarket trading.

Coming This Week: FedEx, Best Buy and Oracle

Last week, the Fed's Beige Book report confirmed that the economy continues to grow, but at a slower pace than in previous periods. This week will bring other economic data to either support or contrast with the Fed's findings.

Best Buy Earnings Disappoint Despite Gross Gains

Best Buy posted disappointing first-quarter results this morning, falling well short of analysts' expectations. Cautious customers lifted the retailer's overall U.S. sales by 5%, but lower sales of TVs, video games and movies cut into its profit margins.