Further Share Gains Drive Best Buy (BBY) Results, PT to $47 - UBS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Best Buy Reports Better-Than-Expected Third Quarter Results
November 17, 2016 7:00 AM ESTDomestic Segment Comparable Sales Increased 1.8%
GAAP Diluted EPS Increased 62% to $0.60
Non-GAAP Diluted EPS Increased 51% to $0.62
MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter ended October 29, 2016 (Q3 FY17), as compared to the third quarter ended October 31, 2015 (Q3 FY16). The company reported GAAP diluted earnings per share from continuing operations of $0.60, an increase of 62% from $0.37 in Q3 FY16. Non-GAAP diluted earnings per share from continuing operations were $0.62, an increase of 51% from $0.41 in Q3 FY16.
         Q3 FY17   Q3 FY16 Revenue ($ in millions)1       Enterprise... More