CSIMarket
 
Best Buy Co Inc   (BBY)
Other Ticker:  
 
    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail
 


 
 BBY $81.8700 $1.8100 2.26%

 Volume (M): 65   Open : 80.62    52 Wk Avg :  74.60

 
 BBY $81.8700 $1.8100 2.26%

 Volume (M): 65   Open : 80.62    52 Wk Avg :  74.60




BBY Today's High: $81.46 BBY Shares One Week Perf: 1.78 %
BBY Today's Low: $ 80.35 BBY Shares 30 Day Performance: 3.55 %
Number of BBY Shares Traded (M): 65 BBY Share Price 52 Wk High: $ 86.11
Value of BBY's Shares Traded (M$): $ 5,270 BBY Share Price 52 Wk Avg: $74.60
Share Price at the Open: $80.62 BBY's Share Price 52 Wk Low: $62.30



  News about Best Buy Co Inc's Stock Splits and Dividends

Best Buy Boosts Dividend and Ranks Higher Among Retail Peers, Solidifying Commitment to Shareholders

Best Buy Announces Regular Quarterly Cash Dividend and Demonstrates Commitment to Shareholders
MINNEAPOLIS - Best Buy Co., Inc. (NYSE:BBY) is pleased to announce the authorization of a regular quarterly cash dividend of $0.94 per common share. This dividend will be payable on April 11, 2024, to shareholders of record as of March 21, 2024. With 215,444,138 shares of common stock issued and outstanding as of February 2, 2024, Best Buy is solidifying its commitment to returning value to shareholders.
On top of this dividend announcement, Best Buy has seen a positive trend in its 12 Month dividend pay out ratio. In the third quarter of 2024, this ratio increased to 33.96, showcasing the company's dedication to rewarding investors. While there are 29 companies in the Retail sector with higher dividend pay out ratios, Best Buy's ranking has climbed from 750 in the second quarter of 2024 to 764, indicating a strong position in the market.

Best Buy Reports Slight Decline in Fourth Quarter Revenue, Continues Focus on Shareholder Commitment


MINNEAPOLIS - Best Buy Co., Inc. (NYSE: BBY) has announced its financial results for the 14-week fourth quarter ended February 3, 2024 (Q4 FY24), in comparison to the 13-week fourth quarter ended January 28, 2023 (Q4 FY23). While the company's revenue experienced a slight decline during this period, its commitment to shareholders remains steadfast.
In Q4 FY24, Best Buy reported an enterprise revenue of $14.646 billion, slightly lower than the $14.735 billion generated in the same quarter of the previous year, Q4 FY23. On a yearly basis, over 53 weeks, the enterprise revenue stood at $43.452 billion for FY24, down from $46.298 billion in FY23. Within the domestic segment, Best Buy recorded $13.410 billion in revenue for Q4 FY24, compared to $13.531 billion in Q4 FY23. Likewise, the domestic revenue for the full fiscal year decreased to $40.097 billion in FY24, as compared to $42.794 billion in FY23.

Best Buy's Dividend Increase Reflects Strong Commitment to Shareholders



Best Buy Co., Inc. (NYSE: BBY) has recently made a significant announcement regarding its regular quarterly cash dividend. The company's Board of Directors has authorized a payout of $0.92 per common share, which is a promising sign for shareholders. This dividend is scheduled to be paid on January 2, 2024, to those who are recorded as shareholders by the close of business on December 12, 2023.
As of October 28, 2023, Best Buy has 216,442,078 shares of common stock issued and outstanding. This news is expected to have a positive impact on the company's shares.
Analyzing the current situation, Best Buy Co Inc's 12 Months dividend payout ratio witnessed a sequential increase to 33.38 in the second quarter of 2024. This demonstrates the company's ongoing commitment to delivering value to its shareholders.

Best Buy's Third Quarter Results Reflect Falling Sales in Challenging Retail Environment

Best Buy Faces Challenges as Third Quarter Results Show Declining Sales
In a press release issued today, Best Buy Co., Inc. (NYSE: BBY) announced its financial results for the third quarter ended October 28, 2023 (Q3 FY24). The report revealed a decline in revenue compared to the same period last year, raising concerns about the company's performance.
During Q3 FY24, Best Buy reported total revenue of $9.756 billion, compared to $10.587 billion in Q3 FY23. This decrease in revenue reflects a challenging market environment, as well as the ongoing impact of the COVID-19 pandemic on consumer spending habits. The company's domestic segment revenue also experienced a decline, from $9.800 billion in Q3 FY23 to $8.996 billion in Q3 FY24. Similarly, the international segment's revenue dropped from $787 million to $760 million during the same period.





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com