Best Buy is a leading retailer of consumer electronics, offering a wide range of products including computers, smartphones, appliances, and home entertainment systems
The company provides a mix of online and in-store shopping experiences, allowing customers to access various services such as product installation, repair, and tech support. Best Buy also places a strong emphasis on fostering a knowledgeable workforce and delivering exceptional customer service, helping consumers navigate the rapidly evolving technology landscape. Additionally, the company has made efforts to promote sustainability and responsible recycling of electronic products.
Nintendo is celebrating MAR10 Day with game discounts, a special Switch bundle, a Super Nintendo World trip giveaway, and a JetBlue aircraft featuring Mario and friends, all aimed at engaging fans and boosting brand excitement.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Thursday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
Total earnings for the 491 S&P 500 companies that have reported results are up +14.8% from the same period last year on +5.8% higher revenues, with 76.4% beating EPS estimates and 65.2% beating revenue estimates.
Shares of electronics retailer Best Buy (NYSEBBY) fell 14.8% in the afternoon session after the company reported a mixed fourth quarter, but the negatives outweighed the positives as EBITDA missed expectations, and full-year EPS guidance came in below what Wall Street was hoping for.
Tariffs are threatening Best Buy and Target's turnaround, with high sourcing exposure to China and Mexico. Analysts see long-term potential but short-term risk.
