Morgan Stanley Expects Holiday Boost on Best Buy (BBY) Following Industry Slowdown; Reiterates Overweight

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Best Buy Announces Regular Quarterly Cash Dividend

November 20, 2015 8:00 AM EST

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 December 31, 2015, to shareholders of record as of the close of business... More

Best Buy Reports Third Quarter Results

November 19, 2015 7:00 AM EST

Domestic Segment Revenue Increased 1.2%

Non-GAAP Diluted EPS from Continuing Operations Increased 21% to $0.41

GAAP Diluted EPS from Continuing Operations Increased 12% to $0.37

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter (Q3 FY16) ended October 31, 2015 as compared to the third quarter (Q3 FY15) ended November 1, 2014.

              Q3 FY16   Q3 FY15 Enterprise Revenue ($ in millions)1   $8,819   $9,032 Domestic segment   $8,090   $7,992 International segment1   $729   $1,040... More