Best Buy (BBY) Declares $0.51 Special Dividend; 1.3% Yield
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Best Buy (BBY) Target Lifted to $45 at SunTrust Robinson Humphrey Post Q4
March 4, 2015 7:11 AM ESTSunTrust Robinson Humphrey analyst David Magee lifted his price target on Best Buy (NYSE: BBY) to $45.00 (from $43.00) and maintained a Buy rating following Q4 results.
Magee commented, "4Q EPS of $1.48 beat estimates, as management achieved its goal of gaining market share while... More
Best Buy (BBY) Raises Quarterly Dividend 21.1% to $0.23; 2.4% Yield
March 3, 2015 7:04 AM ESTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. This is a 21.1% increase from the prior dividend of $0.19.
The dividend will be payable on April 14, 2015, to stockholders of record on March 24, 2015, with an ex-dividend date of March 20,... More
Best Buy (BBY) Tops Q4 EPS by 13c; Domestic Comps Rose 2%
March 3, 2015 7:03 AM ESTBest Buy (NYSE: BBY) reported Q4 EPS of $1.48, $0.13 better than the analyst estimate of $1.35. Revenue for the quarter came in at $14.21 billion versus the consensus estimate of $14.35 billion.
Domestic comps rose 2 percent and international comps fell 4 percent.
Hubert Joly, Best Buy president and CEO, commented, In the fourth quarter, our teams delivered positive comparable sales, improved profitability and continued progress in our Renew Blue transformation. This resulted in a 1.3% increase in revenue to... More
