Latest Best Buy Co Inc News

Best Buy recalls over 287,000 air fryers due to overheating issue that can melt or shatter parts

Mar. 15, 2024 09:33 AM EDT

NEW YORK (AP) — Best Buy is recalling more than 287,000 air fryers and air fryer ovens due to an overheating issue that can cause the products' parts to melt or shatter, posing fire and laceration risks. According to a Thursday notice from the U.S. Consumer Product Safety...

Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024

Feb. 29, 2024 16:15 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Okta Inc., up $20 to $107.30. The cloud identity management company gave investors a strong earnings forecast. GoodRx Holdings Inc., up $1.32 to $7.79. ...

Best Buy's shares up after chain posts smaller-than expected sales decline for 4Q

Feb. 29, 2024 12:23 PM EST

NEW YORK (AP) — Best Buy's shares rose on Thursday as the nation's largest consumer electronics chain posted a smaller-than-expected sales decline for the fiscal fourth quarter, signaling that the bottom of spending on gadgets may be in sight. The Minneapolis-based company reported...

Best Buy: Fiscal Q4 Earnings Snapshot

Feb. 29, 2024 07:36 AM EST

RICHFIELD, Minn. (AP) — RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Thursday reported fiscal fourth-quarter profit of $460 million. On a per-share basis, the Richfield, Minnesota-based company said it had net income of $2.12. Earnings, adjusted for restructuring costs and...

Stock market today: Asian shares mostly decline, while Tokyo again touches a record high

Feb. 25, 2024 23:04 PM EST

TOKYO (AP) — Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index touched another record high in morning trading. The Nikkei 225 gained 0.5% to 39,309.76. Trading was closed in Tokyo for a holiday on Friday. The benchmark surged to an all-time high on...