Best Buy (BBY) Tops Q3 EPS by 6c; Tot. Comps Growth Lagged Expectations
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November 20, 2015 10:45 AM EST
Morgan Stanley reiterated an Overweight rating on Best Buy (NYSE: BBY), and cut the price target to $37.00 (from $40.00), following the company's 3Q earnings report. EPS came in at $0.41, $0.06 better than consensus. Earnings quality was subpar as gross margin was unexpectedly helped by quasi-temporary warranty... More
November 20, 2015 9:39 AM EST
Jefferies analyst, Daniel Binder, highlighted Best Buy (NYSE: BBY) as a favorite retail name as it outperforms the industry and experiences robust growth online. It is one of the few retailers that saw an acceleration in online growth in Q3.
Each... More
November 19, 2015 8:39 AM EST
The bloodletting in GoPro (NASDAQ: GPRO) may not stop today after Best Buy (NYSE: BBY) noted weakness in the segment with third quarter results this morning.
"From a merchandising perspective, comparable sales growth in computing, major appliances, health &... More
