Best Buy Guides FY25 In Line With Estimates; Boosts Dividend 2% - Update

Samsung Recalls 1.1 Mln Electric Ranges For Fire Risk

South Korean consumer electronics major Samsung Electronics Co Ltd. is recalling about 1.12 million units of Slide-in Electric Ranges after reports of around 250 fires, some of which caused injuries, extensive property damage and pet deaths, the U.S. Consumer Product Safety Commission said.

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Best Buy Reiterates FY25 Outlook; Declares Dividend - Update

While reporting financial results for the first quarter on Thursday, electronics retailer Best Buy Co., Inc. (BBY) reiterated its adjusted earnings, revenue and comparable sales guidance for the full-year 2025. Comparable sales for the first quarter declined 6.1 percent.

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Best Buy, Macy's Q4 Results Top Estimates; Big Lots Slips To Loss In Q4

Retailers Best Buy Co., Inc. (BBY) and Macy's, Inc. (M) reported on Thursday profits for the fourth quarter that decreased from last year, but results for the quarter topped analysts' estimates. Meanwhile, Big Lots, Inc. (BIG) slipped to a loss, but the loss came in narrower than expectations.

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Best Buy Guides FY23 Below Estimates; Boosts Dividend 5% - Update

While reporting financial results for the fourth quarter on Thursday, electronics retailer Best Buy Co., Inc. (BBY) initiated its adjusted earnings, revenue and comparable sales guidance for the full-year 2024. For fiscal 2024, the company now projects adjusted earnings in a range of $5.70 to $6.50 per share on revenues between $43.8 billion and $45.2 billion, with a comparable sales decline of 3.0 to 6.0 percent.

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Best Buy's 48-hour Flash Sale Ends Today

Best Buy Co., Inc.'s flash sale ahead of the upcoming holiday season is live now with hundreds of deals on electronic items and games. The company's 48-hour Flash Sale that began on Tuesday, October 11 and ends today claims to be offering hefty savings on various tech products, like TVs, headphones, smartphones and more.

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Best Buy Slashes FY23 Comp Sales Outlook - Update

While reporting financial results for the second quarter on Thursday, electronics retailer Best Buy Co., Inc. (BBY) slashed its comparable sales growth guidance for the full-year 2023 and provided comparable sales growth outlook for the third quarter.

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U.S. Import, Export Prices Unexpectedly Unchanged In September

The Labor Department released a long-delayed report on Wednesday showing U.S. import and exports both came in flat in the month of September. The report said import prices came in unchanged in September following a downwardly revised 0.1 percent uptick in August. Economists had expected import prices to inch up by 0.1 percent.

RTTNews | 1j 35min yang lalu

U.S. Private Sector Employment Unexpectedly Dips By 32,000 Jobs In November

A report released by payroll processor ADP on Wednesday showed an unexpected decrease by private sector employment in the U.S in the month of November. ADP said private sector employment fell by 32,000 jobs in November after climbing by an upwardly revised 47,000 jobs in October. Economists had expected private sector employment to inch up by 10,000 jobs.

RTTNews | 1j 49min yang lalu

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