Core Viewpoint - JD Group announced a voluntary public takeover offer for CECONOMY's shareholders at a cash price of €4.6 per share [1] Group 1 - The offer is made through JD's wholly-owned indirect subsidiary, JINGDONG Holding Germany GmbH [1] - The target company, CECONOMY, is the parent company of leading European consumer electronics retailers MediaMarkt and Saturn [1] - The announcement was made on September 1, indicating the company's strategic move to expand its presence in the European market [1]

Core Viewpoint - JD Group announced a voluntary public acquisition offer for CECONOMY AG, the parent company of MediaMarkt and Saturn, at a cash price of €4.60 per share [1] Group 1 - The acquisition offer is set to be made to all shareholders of CECONOMY AG [1] - The offer was previously announced on July 30, 2025 [1] - The acquisition will be executed through JD's wholly-owned indirect subsidiary, JINGDONG Holding Germany GmbH [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 根據不同投票權架構，我們的股本包括A類普通股及B類普通股。對於提呈我們股東大會的任何決議案，A類普通 股持有人每股可投1票，而B類普通股持有人則每股可投20票，惟法律或我們的組織章程大綱及細則另行規定者除 外。股東及有意投資者務請留意投資不同投票權架構公司的潛在風險。我們的美國存託股（每股美國存託股代表 兩股A類普通股）於美國納斯達克全球精選市場上市，股份代碼為JD。 本公告並不構成出售任何證券的要約或招攬購買任何證券的要約，亦不會於有關要約、招攬或出售即屬違法的任 何國家或司法管轄區出售證券。 JD.com, Inc. 京東集團股份有限公司 （於開曼群島註冊成立並以不同投票權控制的有限責任公司） （股份代號：9618（港幣櫃台）及89618（人民幣櫃台）） 本次收購要約及因接受要約而成立的合約均須滿足若干先決條件，包括於2026年11月10 日前獲得經營者集中審批、外商投資審批及歐盟外國補貼審批。收購要 ...

Group 1 - Best Buy's stock has experienced a decline of 6.5%, marking the largest intraday drop since late May [1]

Core Insights - Best Buy reported revenue of $9.44 billion for the quarter ended July 2025, marking a year-over-year increase of 1.6% and a surprise of +2.57% over the Zacks Consensus Estimate of $9.2 billion [1] - The company's EPS for the same period was $1.28, compared to $1.34 a year ago, with an EPS surprise of +4.92% over the consensus estimate of $1.22 [1] Financial Performance Metrics - Comparable store sales for the enterprise increased by 1.6% year-over-year, outperforming the average analyst estimate of -0.5% [4] - Domestic comparable store sales rose by 1.1% year-over-year, exceeding the average estimate of -0.6% [4] - International comparable store sales surged by 7.6% year-over-year, compared to the average estimate of -0.5% [4] Store Count and Revenue Breakdown - The total number of domestic stores was 949, matching the average estimate [4] - Domestic Best Buy stores numbered 885, slightly above the average estimate of 883 [4] - International revenue reached $740 million, surpassing the average estimate of $661.22 million and reflecting an 11.3% year-over-year increase [4] - Domestic revenue was reported at $8.7 billion, exceeding the average estimate of $8.53 billion with a year-over-year change of +0.9% [4] Stock Performance - Best Buy shares have returned +14.7% over the past month, significantly outperforming the Zacks S&P 500 composite's +1.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Group 1 - The core viewpoint of the article is that Best Buy reported its Q2 earnings for fiscal year 2026, showing a revenue of $9.44 billion, which is a 1.6% year-over-year increase and exceeded market expectations by $210 million [1] - The non-GAAP earnings per share were $1.28, surpassing market expectations by $0.06 [1] - Comparable sales increased by 1.6% during the period [1] Group 2 - Best Buy reaffirmed its guidance for fiscal year 2026, expecting adjusted earnings per share to be between $6.15 and $6.30 [1] - The company anticipates revenue to be in the range of $41.1 billion to $41.9 billion for the fiscal year [1]

Core Viewpoint - Best Buy (BBY.US) is under significant pressure to maintain profitability amid increasing market competition and changing consumer preferences, with investors closely monitoring its financial performance and strategic adjustments ahead of its Q2 2025 earnings report [1] Group 1: Financial Performance Expectations - Market expectations for Best Buy's Q2 revenue are $9.231 billion, a year-over-year decline of 0.6%, with same-store sales expected to decrease by 0.5% and earnings per share (EPS) projected at $1.20, down 10.2% year-over-year [1] - JPMorgan forecasts that Best Buy's same-store sales will decline approximately 0.6%, aligning with market expectations, but anticipates EPS to reach $1.26, exceeding consensus due to effective cost management [2][3] - Wedbush predicts that Best Buy could achieve an EPS as high as $1.27, driven by positive consumer trends and increasing store and online traffic, despite overall challenges in electronic product demand [4] Group 2: Strategic Insights and Market Dynamics - Analysts highlight that strong sales of computing devices and positive consumer response to the new Nintendo Switch model are key drivers for quarterly sales growth, offsetting declines in TV and appliance sales due to a sluggish real estate market [2] - JPMorgan emphasizes that the sentiment towards Best Buy remains "negative to indifferent," creating an entry opportunity as the stock has not rebounded like other mid-cap stocks [3] - Best Buy is expected to maintain its guidance for the second half of 2025, with a long-term optimistic outlook predicting a 2.9% growth in same-store sales and an increase in operating margin to 4.7% by 2027 [3] Group 3: Cost Management and Profitability - Analysts note that while Best Buy faces pressures from tariffs and rising prices, the impact on demand has not been significantly negative, as consumers struggle to differentiate between price changes due to tariffs and those from technological upgrades [2] - Best Buy's gross margin is expected to remain stable at 23.5% year-over-year, with SG&A expenses anticipated to show a 45 basis point deleveraging effect due to non-repeating legal settlement gains and reduced medical claims [5] - The average discount rate for the second quarter is projected at 13%, indicating a continued reliance on promotions within the appliance and consumer electronics sectors [5]

Core Viewpoint - Best Buy (BBY.US) is under significant pressure to maintain profitability amid increasing market competition and changing consumer preferences, with investors closely monitoring its financial performance and strategic adjustments as it prepares to release its Q2 FY2025 earnings report on August 28 [1] Group 1: Financial Performance Expectations - Market consensus anticipates Best Buy's Q2 revenue to be $9.231 billion, a year-over-year decline of 0.6%, with same-store sales expected to decrease by 0.5% and earnings per share (EPS) projected at $1.20, down 10.2% year-over-year [1] - JPMorgan forecasts that Best Buy's Q2 same-store sales will decline approximately 0.6%, aligning with market expectations, but predicts EPS could reach $1.26, exceeding consensus due to effective cost management [2] - Wedbush analysts predict Best Buy could achieve an EPS as high as $1.27, driven by positive consumer trends and increasing store and online traffic, despite overall challenges in electronic product demand [4] Group 2: Strategic Insights and Market Dynamics - Analysts note that strong sales in computing devices and positive consumer response to the upcoming Nintendo Switch model are key drivers for quarterly sales growth, offsetting declines in TV and appliance sales due to a sluggish real estate market [2] - JPMorgan emphasizes that the market sentiment towards Best Buy remains "negative to indifferent," creating a potential entry opportunity for investors as the stock has not rebounded like other mid-cap stocks [3] - Best Buy is expected to maintain its guidance for the second half of FY2025, with analysts suggesting that the path to a 5% operating margin is "very credible," contingent on the recovery of key categories like home theater [3] Group 3: Cost Management and Profitability - Analysts from Bank of America predict a gross margin of 23.5% for Q2, consistent with the previous year, as Best Buy has completed staff reductions in its Geek Squad division, which should alleviate profit pressure from slow adoption of home healthcare solutions [4] - Best Buy's SG&A expenses are expected to show a 45 basis point deleveraging effect, primarily due to the non-recurrence of a $20 million legal settlement and reduced medical claims expenses [5] - The company continues to rely heavily on promotions, with an average discount rate of 13% in Q2, but anticipates that expanding its platform business to approximately 500 suppliers and growth in retail media will contribute to incremental profits and improved margins in FY2026 [5]

Core Viewpoint - Best Buy (BBY.US) is under significant pressure to maintain profitability amid increasing market competition and changing consumer preferences, with a focus on its upcoming Q2 2025 financial results [1] Financial Performance Expectations - Market consensus anticipates Q2 revenue of $92.31 billion, a year-over-year decline of 0.6%, with same-store sales down 0.5% and earnings per share (EPS) at $1.20, reflecting a 10.2% decrease [1] - JPMorgan forecasts that Best Buy's Q2 same-store sales will decline approximately 0.6%, aligning with market expectations, but predicts EPS could reach $1.26, exceeding consensus due to effective cost management [2] - Wedbush analysts project EPS could be as high as $1.27, driven by positive consumer trends and increasing store and online traffic, despite ongoing challenges in overall electronic demand [4] Strategic Insights - Analysts highlight that strong sales in computing devices and positive market response to the new Nintendo Switch model are key growth drivers, offsetting declines in TV and appliance sales due to a sluggish real estate market [2] - JPMorgan emphasizes the potential for Best Buy to maintain its guidance for the second half of 2025, while also noting the need to monitor any strategic adjustments related to consumer demand risks [3] Market Sentiment and Future Outlook - Despite a generally negative market sentiment towards Best Buy, JPMorgan views the current stock price as a good risk-reward opportunity, placing it on a "positive catalyst watch list" since early June [3] - JPMorgan's optimistic long-term forecast for fiscal year 2027 includes a projected 2.9% growth in same-store sales and an increase in operating margin to 4.7%, with a credible path towards a 5% margin if key categories recover [3] Cost Management and Profitability - Analysts note that while Best Buy faces pressures from tariffs and rising costs, the company has adjusted its annual expectations and is working closely with suppliers to mitigate these impacts [4][5] - The average discount rate for the second quarter is expected to be around 13%, indicating a continued reliance on promotions in the appliance and consumer electronics sectors [5]

格隆汇8月15日丨迪信通(06188.HK)宣布，本公司将于2025年8月27日（星期三）举行董事会会议，藉以 （其中包括）考虑及批准本公司截至2025年6月30日止六个月的中期业绩及其发布，以及处理其他事 项。 ...