Best Buy Names Insider Jason Bonfig as New CEO
Best Buy names Jason Bonfig CEO on Oct 31, replacing Corie Barry as sales slow; focus shifts to online, ads, services.
Best Buy names Jason Bonfig CEO on Oct 31, replacing Corie Barry as sales slow; focus shifts to online, ads, services.
Goldman Sachs cut Best Buy to Sell, citing rising costs, weak demand, and slower growth hurting future sales and profits.
Ryan Cohen just set aside $700M cash as collateral for big derivative bets. Analysts say he's likely starting a major consumer-sector acquisition he hinted at.
Best Buy's fourth-quarter results show strong profits topping analyst estimates, with a slight sales decline but positive outlook for FY27.
JPMorgan cuts Best Buy to Neutral and lowers its price target to $76, citing a tough Q4 outlook and limited growth drivers.
Best Buy raises its annual sales and profit outlook after strong Q3 results, boosted by demand for laptops, smartphones, and gaming devices.