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Big-Box Earnings Expectations For Best Buy, Target
Sunday, February 26, 2017 - 5:52pm | 580Read More...Earnings reports from two big-box store chains will be among highlights this week. Wall Street analysts expect earnings growth from only one of them. However, both have topped consensus earnings forecasts in recent quarters. Retail earnings season rolls on this week, and among the...
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Best Buy's Results Were 'Downright Amazon-Like'
Wednesday, August 24, 2016 - 8:40am | 341Read More...Best Buy Co Inc (NYSE: BBY)'s stock soared nearly 20 percent on Tuesday and hit a 52-week high of $39.36 after the company reported what Bloomberg Gadfly's Shelly Banjo described as "downright Amazon-like." Related Link: Best Buy Surges On Strong Q2 Results According to Banjo, Best Buy's earnings...
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Best Buy Reports Better-Than-Expected Q1, But Shares Still Fall 5%
Tuesday, May 24, 2016 - 9:31am | 465Read More...Shares of Best Buy Co Inc (NYSE: BBY) were trading lower by more than 5 percent early Tuesday morning after the company reported its first-quarter results. Best Buy said that it earned $0.44 per share in the first quarter on revenue of $8.44 billion. Wall Street analysts were expecting the company...
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Retail Earnings Parade Continues: Best Buy, Costco, Sears
Monday, May 23, 2016 - 7:40am | 788Read More...Three more big retailers are set to share their latest quarterly results this week. Wall Street expectations vary for each of them, reflecting the retail results thus far. Consensus estimates for other smaller and specialty retailers on deck this week are mixed but mostly positive....
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Best Buy Reports Better-Than-Expected Q4, Initial Q1 Guidance
Thursday, February 25, 2016 - 9:45am | 357Read More...Shares of Best Buy Co Inc (NYSE: BBY) were trading higher by around 1 percent after the company reported its fourth quarter results. Best Buy said it earned $1.53 per share in the fourth quarter on revenue of $13.623 billion. Wall Street analysts were expecting the company to earn $1.39 per share...
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Earnings Expectations For Big-Box Retailers Best Buy And Home Depot Are Very Different
Monday, February 22, 2016 - 8:37am | 561Read More...Two big-box specialty retailers are expected to report their fourth-quarter results this week. Wall Street analysts have very different expectations for both of them. But Wall Street also underestimated earnings from both in the previous period. The parade of reports from big retailers kicked off...
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Best Buy Shares Plunge As Holiday Comps Disappoint
Thursday, January 14, 2016 - 11:29am | 268Read More...Shares of Best Buy Co Inc (NYSE: BBY) plunged nearly 10 percent on Thursday and hit a new 52-week low of $25.61 after the company reported disappointing holiday sales metrics sales metrics. Best Buy's domestic revenue fell 0.8 percent from a year ago to $10.050 billion during the nine-week...
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BlackBerry Priv Sells Out At Walmart And Best Buy; Stock Rips
Thursday, December 10, 2015 - 5:15pm | 215Read More...Wal-Mart sold out of BlackBerry Ltd (NASDAQ: BBRY)'s Priv Android smartphone on Thursday. The stock surged 7 percent at $7.89 on volume of 10.1 million shares. BlackBerry's year-to-date stock performance is currently at -32.88 percent. The company had lost 4.53 percent in the last...
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Why Best Buy Could Move Lower
Thursday, September 24, 2015 - 10:40am | 319Read More...Wally Olopade was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick Best Buy Co Inc (NYSE: BBY) has rallied 22 percent in the past month, while the S&P 500 declined 1.6 percent. Right Side Trading Senior Instructor Wally...
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Retail Earnings Season Winds Down This Week
Sunday, August 23, 2015 - 6:16pm | 863Read More...Like the summer, the retail earnings season is beginning to wind down. Quarterly reports from the likes of Abercrombie & Fitch Co. (NYSE: ANF), Best Buy Co Inc (NYSE: BBY) and Dollar General Corp. (NYSE: DG) will be among the highlights this week, but there is no clear trend in the...
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Weekly Tech Highlights: Apple's Mac Sales Could Be Huge, Google Rose 16% & Best Buy-GameStop Chatter
Saturday, July 18, 2015 - 9:50am | 745Read More...Major earnings releases, intriguing partnerships and an unlikely merger rounded out the third week of July. Intel Beat Could Be Good News For Apple Intel Corporation (NASDAQ: INTC) impressed investors with better-than-expected earnings this week. Better still, analysts think Intel's results could...
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Big-Box Retailers Step Into The Spotlight For Earnings This Week
Sunday, May 17, 2015 - 11:07am | 909Read More...After last week's disappointing earnings from Macy's and Nordstrom, but positive surprises from J.C. Penney and Kohl's, the big guns in retail are poised to share their most recent quarterly results this week. Consensus estimates from Wall Street analysts call for year-on-year...
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Stratos' Connected Card Is More Than Just An Apple Pay Clone
Wednesday, March 4, 2015 - 3:51pm | 885Read More...Will it ever be possible for consumers to carry just one card? If any startup is capable of making that happen, it might be Stratos. Like other smart payment options, Stratos allows users to apply all of their cards -- credit, debit, loyalty, membership, gift cards, etc. -- to one Bluetooth-...
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It's Going To Be A Big Earnings Week For These Retailers
Sunday, March 1, 2015 - 7:49pm | 887Read More...Retail will once again be the focus of earnings this week. Quarterly reports are due from Best Buy Co Inc (NYSE: BBY), Costco Wholesale Corporation (NASDAQ: COST) and Kroger Co (NYSE: KR), which are forecast to post earnings growth. However, analysts anticipate earnings declines from...
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Oppenheimer Suggests There Might Be 'More Light At The End Of The Tunnel' For Best Buy
Friday, February 6, 2015 - 11:43am | 185Read More...Brian Nagel of Oppenheimer on Friday upgraded shares of Best Buy Co Inc (NYSE: BBY) to Outperform from Perform with an established $43 price target given a view that "the worst is likely over." Nagel notes that challenges do persist for Best Buy, but a new senior leadership team that has "...













