Best Buy (BBY) PT Raised to $157 at BofA Securities

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Go back to Best Buy (BBY) PT Raised to $157 at BofA Securities

Best Buy Announces Regular Quarterly Cash Dividend

August 25, 2021 8:00 AM EDT

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 $0.70 per common share. The quarterly dividend is payable on October 5, 2021, to shareholders of record as of the close of... More

Best Buy Reports Better-Than-Expected Second Quarter Results

August 24, 2021 7:00 AM EDT

Enterprise Comparable Sales Increased 20%

GAAP Diluted EPS Increased 76% to $2.90

Non-GAAP Diluted EPS Increased 74% to $2.98

Excluding a $0.47 Benefit from a Lower Year-Over-Year Effective Tax Rate,

GAAP and Non-GAAP Diluted EPS Increased Approximately 47%

Raises Full-Year Enterprise Comparable Sales Growth Outlook to a Range of 9% to 11%

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week second quarter ended July 31, 2021 (Q2 FY22), as compared to the 13-week second quarter ended August 1, 2020 (Q2 FY21).

 

... More