Best Buy(BBY)

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Best Buy Launches Creator Program With Influencer Storefronts
PYMNTS.com· 2025-04-08 18:37
Best Buy has debuted a platform that lets creators and influencers collaborate with the retailer.The company announced its Best Buy Creator program Tuesday (April 8) in conjunction with Best Buy Storefronts, a “curated shopping experience” where customers can shop tech from their favorite influencers and creators.“Storefronts give creators the ability to create a one-stop shop to highlight tech features in their content and earn a commission on sales referred through their storefront, with no commission cap ...
Stock Of The Day: Is Best Buy About To Reverse?
Benzinga· 2025-04-04 15:42
Best Buy Co., Inc. BBY shares are lower again Friday. This comes after yesterday's drop of almost 18%. But stocks don't go down forever. Some traders expect a reversal and move up if the stock can hold an important level.Best Buy is extremely oversold and trading close to support. These dynamics could set the stage for a move higher. This is why our trading team has made it our Stock of the Day.Most of the time, a stock stays within its normal trading range. But if traders and investors become emotional and ...
8 Upcoming Dividend Increases, Including A King
Seeking Alpha· 2025-03-24 21:06
It’s great to have you back for another exciting edition of upcoming dividend increases! I’m thrilled to share a fantastic list of eight increases for you to explore. Here are some highlights from this wonderful group:Derek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds a Bachelor's degree in Computer Scie ...
Best Buy Courts Influencers to Tap $32 Billion Creator Market
PYMNTS.com· 2025-03-23 23:20
Group 1 - Best Buy is launching an influencer program to create branded digital storefronts on its website, following the models of Amazon and Walmart [1][2] - The CEO of Best Buy, Corie Barry, expects this initiative to drive increased traffic, engagement, and sales, as the creator economy is valued at $32 billion [2] - Best Buy plans to debut a digital marketplace platform this summer, allowing third-party sellers to integrate their products into the retailer's website and app, powered by Mirakl [3][4] Group 2 - Best Buy's marketplace efforts are in response to concerns about the impact of tariffs, with management projecting that the trade war could reduce comparable sales by one percentage point [5] - Research indicates that while influencers can persuade consumers to make purchases, their influence diminishes for regular purchases, with only 1 in 8 consumers relying on influencers for frequent buying decisions [6] - A significant majority of consumers (95%) conduct additional research, such as product reviews, alongside considering influencers' opinions before making a purchase [7]
Best Buy(BBY) - 2025 Q4 - Annual Report
2025-03-19 20:21
Financial Performance - The International segment generated approximately 8% of the consolidated revenue during fiscal 2025 [110]. - Approximately 25% of the fiscal 2025 Domestic segment revenue was transacted using the company's branded cards [116]. - Profit-sharing revenue from the credit card arrangement approximated 1.1% of Domestic segment revenue in fiscal 2025 [116]. - As of February 1, 2025, the company had $1.9 billion of cash, cash equivalents, and restricted cash [248]. - A 50-basis point increase in short-term interest rates would have led to an estimated $7 million increase in net interest income [248]. - Foreign currency exchange rate fluctuations had an unfavorable impact on revenue of approximately $85 million during fiscal 2025 [250]. Risk Management - The company faces risks related to the failure to accurately predict customer demand, which could impact revenue and profitability [88]. - Effective management of the real estate portfolio is critical to the company's omnichannel strategy, with potential negative impacts on profitability if not managed properly [89]. - Supply chain interruptions could adversely affect the company's business, particularly with the increasing demand for online purchases and fast delivery [90]. - The company relies on third-party vendors for various operations, and any disruption in these relationships could impact revenues and cost structure [91]. - The company is exposed to product-related risks, including potential legal issues and damage to reputation if products fail to meet safety standards [92]. - The integration of AI into operations increases cybersecurity and privacy risks, potentially leading to unauthorized access to sensitive data [103]. - The company faces heightened risks of cybersecurity attacks, which could disrupt operations and adversely impact revenue [102]. - Regulatory compliance risks are increasing, with potential fines and additional operating costs associated with new laws and regulations [108]. - The company may incur increasing costs related to information security and privacy, impacting overall business operations [106]. - The company faces risks related to compliance with labor and employment laws, which are frequently modified [111]. - Changes in credit ratings may limit access to capital and materially increase borrowing costs [119]. Corporate Governance - The company is subject to evolving corporate governance and public disclosure regulations, increasing general and administrative expenses [109]. - The company is highly dependent on cash flows and net earnings generated during the fiscal fourth quarter, which includes the holiday shopping season [115].
Best Buy: Near-Term Share Price To Be Pressured By Tariff Uncertainty
Seeking Alpha· 2025-03-19 06:54
I wrote about Best Buy Co., Inc. (NYSE: BBY ) previously with a hold rating as I was uncertain how FY25 would play out given the tariffs situation and poor consumer spending backdrop. While 4Q24 showedI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical chart ...
3 Struggling Stocks That Could Be Bargain Buys Right Now
The Motley Fool· 2025-03-13 08:25
Core Viewpoint - Many stocks are facing challenges this year due to concerns over tariffs and trade wars, which could lead to a recession, prompting companies to raise concerns about rising costs and investor fears of a market sell-off [1] Group 1: Target - Target's stock has declined 16% this year, with concerns about economic conditions affecting future results, particularly due to reliance on discretionary purchases and potential price increases from tariffs [4] - Despite near-term risks, Target remains a sound investment, trading at 13 times trailing earnings, significantly below the S&P 500 average of over 23 [5] - The stock is near a five-year low, with a recent dividend yield of 3.9%, and has a history of raising dividends for over 50 consecutive years, making it an attractive option for long-term investors [6] Group 2: e.l.f. Beauty - e.l.f. Beauty is particularly vulnerable to tariffs, as it produces approximately 80% of its cosmetics in China, and has seen its stock plummet nearly 40% this year due to investor concerns [7][8] - The company projects sales growth of 27% to 28% for the current fiscal year, down from a previous forecast of 28% to 30%, but is still on track to generate $1.3 billion in sales, a 30% increase from the previous year [8][9] - The stock trades at over 40 times trailing earnings but drops to 18 based on forward P/E multiples, indicating potential value for investors despite tariff risks [9] Group 3: Best Buy - Best Buy faces challenges from tariffs and may need to raise prices, as it imports products from China and Mexico, with its stock down 7% this year, the mildest decline among the discussed stocks [10][11] - The company projects comparable sales growth of 0% to 2% for the current fiscal year, not accounting for tariff impacts, indicating potential short-term challenges [11][12] - With a forward P/E multiple of less than 13 and a dividend yield of 4.8%, Best Buy presents an attractive opportunity for investors willing to be patient [12][13]
Best Buy Canada Selects PingPong As Their First Cross-Border Partner To Drive International Growth on its Marketplace
Prnewswire· 2025-03-10 12:00
NEW YORK and VANCOUVER, BC, March 10, 2025 /PRNewswire/ -- Best Buy Canada has selected PingPong, a world-leading provider of cross-border embedded payment solutions, to become its first cross-border payment service provider of record on its Marketplace. Leveraging PingPong's easy-to-integrate API, Best Buy Canada will begin expanding internationally and facilitate payouts to international sellers.By leveraging PingPong's global capability BestBuy Canada will have the opportunity to unlock new revenue strea ...
Analyzing Retail Earnings in a High-Tariff Economy
ZACKS· 2025-03-06 00:30
Retail Sector - The retail sector is currently facing challenges due to tariffs, impacting earnings and guidance from major retailers like Target and Best Buy [2][3][4] - Target reported decent holiday quarter results but lowered its comparable sales guidance, citing tariff impacts and signs of weakness in February [5][3] - Best Buy experienced its first positive comparable sales growth since Q3 2021, driven by strong demand in mobile phones and computers, despite facing significant tariff pressures [6][8] Earnings Trends - The overall earnings reporting cycle has shown positive results, with S&P 500 companies reporting a 14.8% increase in earnings and a 5.8% rise in revenues compared to the previous year [7] - In the retail sector, earnings for Q4 are up 28.8% year-over-year, with 75.9% of companies beating EPS estimates [7] - Excluding Amazon, the retail sector's earnings growth adjusts to 3.0%, indicating the significant impact of Amazon's performance on overall sector results [7] Tech Sector - The tech sector continues to be a growth driver, with expected earnings growth of 25.9% and revenue growth of 11.3% for Q4 [10][11] - This marks the sixth consecutive quarter of double-digit earnings growth for the tech sector, following a 23.2% growth in Q3 [11] - Recent data indicates a shift in the earnings outlook for the tech sector, with estimates facing downward pressure [12][18] Future Outlook - S&P 500 earnings for Q1 2025 are projected to increase by 6.1% year-over-year, with a broad-based downward revision trend affecting most sectors [15][18] - Despite the challenges, nearly all sectors are expected to experience earnings growth in 2025, with six sectors projected to achieve double-digit growth [20]
iShares U.S. Infrastructure ETF Is The Best Buy Into A Hot Market
Seeking Alpha· 2025-03-05 08:58
A foreboding cacophony of economic forecasts and financial news is making investors jittery . In uncertain times, socking away cash may feel more prudent to retail value investors than investing; we are not sharks thrilled when thereI write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 ...