Hubert Joly

Best Buy Co Inc (NYSE: BBY) said Monday CFO Corie Barry will transition to the CEO role and replace Hubert Joly in what should be a "smooth transition," according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman maintains an Equal-weight rating on Best Buy with a $77...

In a somewhat surprising development in the retail landscape, Amazon.com, Inc. (NASDAQ: AMZN) is teaming up with Best Buy Co Inc (NYSE: BBY). What Happened As part of a new partnership, Best Buy will start selling Amazon's new Fire TV Edition smart TVs that can link up with its Alexa and Echo...

Shares of Best Buy Co In (NYSE: BBY) soared more than 14 percent early Thursday morning after the company reported its first-quarter results. The big-box retailer said it earned $0.60 per share in the quarter on revenue of $8.528 billion. By comparison, the company earned $0.43 per share in the...

Best Buy Co Inc (NYSE: BBY) has made a number of brick-and-mortar, online and supply chain investments over the last few years, which will likely “continue to drive market share gains for the foreseeable future,” Loop Capital Markets’ Anthony Chukumba said in a report. He...

Following a lunch with Best Buy Co Inc (NYSE: BBY) management, Barclays’ Matthew McClintock mentioned that the company has three key areas of priority. McClintock maintains an Overweight rating on Best Buy, with a price target of $45. The management lunch on June 22 was attended by CEO Hubert...

Shares of Best Buy Co Inc (NYSE: BBY) were trading lower by more than 5 percent early Tuesday morning after the company reported its first-quarter results. Best Buy said that it earned $0.44 per share in the first quarter on revenue of $8.44 billion. Wall Street analysts were expecting the company...

Best Buy Co Inc (NYSE: BBY) shares have declined 14.04 percent over the past three months, falling to $29.04 on December 18. Argus’ Christopher Graja recently reiterated a Hold rating on the company. Graja believes the company is facing a difficult industry environment and that the below...

Brian Sozzi, CEO and chief equities strategist of Belus Capital Advisors, on Monday wrote on The Street about the success of Best Buy Co Inc (NYSE: BBY) in the wake of rival RadioShack filing for bankruptcy. Best Buy operates in a highly-competitive consumer electronic retail industry and has...

Best Buy (NYSE: BBY) CEO Hubert Joly, in a recent interview with Re/Code, noted the importance of the company’s new price matching policy saying simply, “We’ve taken price off the table.” If only price matching were that simple. After accounting for exclusions, special...

The retail industry has been in dire straits for some time now, and amid predictions of a tough 2014 for many major retailers there have also been death knells sounded for several stores have have been apart of the American consumer landscape for years, if not decades. However, recent earnings...

According to Barron’s, it’s “good-bye” time, not “buy” time for Best Buy (NYSE: BBY). It did not help that holiday sales fell almost a full percent compared to the two percent gain analysts expected. In addition, the company expects to report a decline in Q4 operating profit on February 27....