BBY: Best Buy Co., Inc.
About
Best Buy Co., Inc. engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment includes operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales. The International segment is made up of all operations outside the U.S. and its territories, including Canada, Europe, China, Mexico, and Turkey. It also markets its products under the brand names: Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia and Pacific Kitchen and Home. The company was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.
Key Details
Market Cap
$19.52B
P/E Ratio
15.53
1Y Stock Return
21.74%
1Y Revenue Growth
-3.02%
Dividend Yield
4.86%
Price to Book
6.3
Strategies that include BBY
Stock's related to BBY
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CM | 48.22% | $60.05B | +52.37% | 4.13% |
| KMT | 45.80% | $2.26B | +17.98% | 2.75% |
| FND | 44.54% | $12.01B | +13.20% | 0.00% |
| SHOO | 44.43% | $3.33B | +16.18% | 1.80% |
| HPQ | 43.26% | $35.13B | +25.52% | 3.03% |
| TKR | 42.82% | $5.46B | +3.78% | 1.73% |
| BURL | 42.76% | $18.43B | +62.84% | 0.00% |
| IIIN | 42.67% | $581.04M | -8.59% | 0.50% |
| DAN | 42.66% | $1.64B | -18.55% | 3.46% |
| PAG | 42.57% | $11.18B | +8.40% | 2.44% |
| CCS | 42.20% | $2.84B | +19.72% | 1.14% |
| UPBD | 41.16% | $1.89B | +11.94% | 4.26% |
| FELE | 41.05% | $4.95B | +18.87% | 0.93% |
| RF | 41.01% | $24.11B | +50.40% | 4.58% |
| NOVT | 40.89% | $6.08B | +13.36% | 0.00% |
| HI | 40.79% | $2.44B | -13.46% | 2.56% |
| SSTK | 40.51% | $1.15B | -29.84% | 3.63% |
| HBAN | 40.46% | $25.83B | +50.93% | 3.49% |
| SVC | 40.40% | $464.95M | -63.77% | 21.63% |
| BWA | 40.38% | $7.51B | 0.00% | 1.29% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HRL | 0.04% | $17.62B | +1.26% | 3.53% |
| DK | -0.05% | $1.26B | -27.74% | 5.08% |
| UTI | -0.06% | $1.42B | +121.07% | 0.00% |
| TXO | 0.12% | $720.48M | -4.86% | 13.59% |
| BTCT | 0.12% | $60.65M | +335.42% | 0.00% |
| MNR | -0.13% | $1.59B | -13.83% | 20.59% |
| NTNX | 0.17% | $17.72B | +48.69% | 0.00% |
| ALAR | 0.22% | $87.68M | +155.94% | 0.00% |
| MNDY | -0.29% | $13.70B | +50.82% | 0.00% |
| VSTM | -0.29% | $245.68M | -26.30% | 0.00% |
| AVAL | -0.34% | $810.21M | +0.94% | 6.65% |
| DOGZ | -0.35% | $604.58M | +1,509.83% | 0.00% |
| MRK | -0.36% | $254.51B | -4.24% | 3.06% |
| OKLO | -0.42% | $2.71B | +114.78% | 0.00% |
| LRN | -0.56% | $4.66B | +74.76% | 0.00% |
| GL | 0.57% | $9.24B | -11.66% | 0.85% |
| KNSL | -0.59% | $11.63B | +43.11% | 0.12% |
| MANU | -0.61% | $2.93B | -11.97% | 0.00% |
| TCTM | -0.61% | $7.90M | -31.31% | 0.00% |
| MEDP | -0.61% | $10.64B | +22.48% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DG | -24.98% | $17.11B | -42.31% | 3.03% |
| CRM | -16.62% | $316.45B | +32.06% | 0.37% |
| HUSA | -11.97% | $17.54M | -25.14% | 0.00% |
| CBOE | -11.49% | $22.18B | +16.57% | 1.10% |
| NTAP | -10.83% | $25.07B | +36.52% | 1.65% |
| PATH | -10.30% | $7.99B | -42.49% | 0.00% |
| MCK | -10.14% | $78.87B | +35.27% | 0.43% |
| LITB | -9.96% | $33.46M | -74.29% | 0.00% |
| OKTA | -9.68% | $13.73B | +11.52% | 0.00% |
| PSTX | -9.30% | $908.37M | +225.87% | 0.00% |
| SEG | -8.73% | $395.76M | +20.95% | 0.00% |
| AMED | -7.91% | $2.99B | -2.47% | 0.00% |
| ACRS | -6.92% | $282.87M | +303.01% | 0.00% |
| TRVG | -6.42% | $47.92M | -8.47% | 0.00% |
| PSTG | -6.13% | $17.38B | +61.26% | 0.00% |
| STG | -6.00% | $32.56M | -29.30% | 0.00% |
| QTTB | -5.89% | $324.31M | +164.18% | 0.00% |
| SAVA | -5.21% | $165.74M | -84.44% | 0.00% |
| NOW | -5.05% | $215.98B | +52.47% | 0.00% |
| EDR | -4.68% | $9.39B | +24.76% | 0.79% |
ETF's related to BBY
News
Yahoo
Holiday shopping season sales this year are expected to grow at the slowest pace in six years, per NRF, as quoted on Reuters.
Yahoo
Cyber Weekend sales have transitioned into Cyber Monday, with Adobe Analytics expecting consumers to spend as much as $13.2 billion on this day alone after spending $10.8 billion on Black Friday. This year's total Cyber Week sales are currently expected to cross over $40 billion. Seana Smith and Brad Smith review this year's e-commerce and shopping trends that kick off the 2024 holiday shopping season. Barclays analyst Adrienne Yih, BMO Capital Markets analyst Simeon Siegel, and Mastercard Economics Institute chief economist Michelle Meyer all joined Yahoo Finance executive editor Brian Sozzi on this morning's Opening Bid to talk about the biggest winners from this year's Black Friday event and how President-elect Donald Trump's new tariffs could impact the retail sector. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
Yahoo
Macy’s is investigating how hundreds of millions of dollars were hidden by one employee. The retailer delayed its quarterly earnings after finding that an accounting employee had hidden up to $154 million in corporate delivery expenses over several years. Macy’s said the person didn’t pocket the amounts in question and declined to say how it uncovered the erroneous bookkeeping entries or how it went undetected by the company’s auditor, KPMG.
Yahoo
The average shopper has raised their holiday shopping budget by over 30% from 2023, according to JLL's Holiday Shopping Report, as retailers and brands kick off their Black Friday promotions and deals. Due to Thanksgiving falling on a later date this year, there are actually five fewer shopping days until Christmas than compared to last year. Julie Hyman and Brian Sozzi welcome JLL (JLL) Americas President of Retail Naveen Jaggi on Catalysts to talk about in-person shopping trends forecasted for this holiday season. "With all the promotions we're seeing online, on our phone and on our tablets, people now have an incentive to go to the store more than ever. And we're still a consumer that likes to go shopping in person," Jaggi explains, stating that the more value-conscious consumer will be able to find these better deals at big-box stores like Walmart (WMT) and Target (TGT). He goes on to comment on the experiential trends seen on social media steering shoppers into brick-and-mortar locations. "We talk a lot about dwell time... So we want now the consumer to not just shop, but we want them to stay a while," Jaggi tells Yahoo Finance. "So it has to be very, very appealing for the Instagram moment or the TikTok moment, and not as much about the bargain, because as we've seen over the last two years, consumers more than ever today, they want that experiential opportunity as opposed to just finding the best price." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
Yahoo
Retailers rejoice as shoppers search for the best Black Friday deals and promotions, officially kicking off the holiday season for many seeking to finish their Christmas shopping early. Yahoo Finance's Akiko Fujita reports live from the Glendale Galleria shopping mall as outlets prepare for the monumental shopping day, outlining this year's consumer spending forecasts and expectations from major retail chains. The National Retail Federation expects $989 billion to be spent on holiday shopping between November and December 2024. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
Yahoo
Many businesses are urging customers to buy before President-elect Donald Trump’s proposed tariffs potentially raise costs—and prices.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.