Best Buy (BBY) Raises Quarterly Dividend 32.4% to $0.45; 2.5% Yield
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Best Buy (BBY) PT Raised to $83 at Loop Capital on 1Q18 Beat; 'Strength Across Several Product Categories'
March 1, 2018 4:00 PM ESTLoop Capital raised its price target on Best Buy (NYSE: BBY) to $83.00 (from $80.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.
Analyst Anthony Chukumba notes a positive outlook on the shares, as BBY reported first quarter earnings per share... More
Best Buy (BBY) Tops Q1 EPS by 39c, Offers FY19 Guidance, Raises Dividend 32%
March 1, 2018 7:04 AM ESTBest Buy (NYSE: BBY) reported Q1 EPS of $2.42, $0.39 better than the analyst estimate of $2.03. Revenue for the quarter came in at $15.36 billion versus the consensus estimate of $14.49 billion.
Enterprise Comparable Sales Increased 9.0%.
Today, the company announced its Board of Directors approved a 32% increase in the regular quarterly dividend to $0.45 per share, effective immediately, and a share repurchase plan of at... More
