Piper Jaffray Downgrades Best Buy (BBY) to Neutral
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Best Buy Reports Better-Than-Expected Fourth Quarter Earnings
February 25, 2016 7:01 AM ESTNon-GAAP Diluted EPS from Continuing Operations Increased 3% to $1.53
GAAP Diluted EPS from Continuing Operations Decreased 5% to $1.39
Domestic Segment Revenue Decreased 1.5%
Repurchased $615 million in Stock for a Fiscal 2016 Total of $1 billion
MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the fourth quarter (Q4 FY16) and year ended January 30, 2016 (FY16), as compared to the fourth quarter (Q4 FY15) and year ended January 31, 2015 (FY15).
                Q4 FY16   Q4 FY15   FY16   FY15 Enterprise revenue ($ in millions)   $13,623   $14,209   $39,528   $40,339 Domestic segment   $12,507   $12,697   $36,365   ... More