Morgan Stanley Cuts Price Target on Best Buy (BBY) Following 2Q16 EPS Beat

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Go back to Morgan Stanley Cuts Price Target on Best Buy (BBY) Following 2Q16 EPS Beat

Best Buy Announces Regular Quarterly Cash Dividend

August 26, 2015 8:01 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Best Buy Co., Inc. (NYSE: BBY) has authorized the payment of a regular quarterly cash dividend of $0.23 per common share. The quarterly dividend is payable on October 6, 2015, to shareholders of record as of the close of business... More

Best Buy Reports Second Quarter Results

August 25, 2015 7:00 AM EDT

Domestic Segment Revenue Increased 3.9%

Non-GAAP Diluted EPS from Continuing Operations Increased 17% to $0.49

GAAP Diluted EPS from Continuing Operations Increased 18% to $0.46

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the second quarter (Q2 FY16) ended August 1, 2015 as compared to the second quarter (Q2 FY15) ended August 2, 2014.

              Q2 FY16   Q2 FY15 Enterprise Revenue ($ in millions)1   $8,528   $8,459 Domestic segment   $7,878   $7,585 International segment1   $650   $874... More