Best Buy Stock Latest News Direct

: Management issued a cautious forecast for the new fiscal year, expecting revenue between $41.2 billion and $42.1 billion .

Best Buy ( BBYcap B cap B cap Y ) is currently navigating a major leadership transition and ongoing sales headwinds as it moves into the second quarter of 2026. The stock has faced downward pressure recently, trading near its 52-week low of approximately $59.10.

The most significant recent news is the departure of CEO , who is stepping down after leading the company since 2019. best buy stock latest news

Despite the stock's price weakness, Best Buy remains a significant "income play" for dividend seekers. Best Buy: BBY Stock Price Quote & News - Robinhood

: Jason Bonfig , a 26-year company veteran and former chief customer and fulfillment officer, is set to take the helm later this year. : Management issued a cautious forecast for the

: The fiscal Q1 2027 earnings call is scheduled for May 28, 2026 , with analysts anticipating an EPS of approximately $1.22 . Shareholder Returns

Best Buy's fiscal 2026 results showed resilience in profits despite flat top-line growth. The most significant recent news is the departure

: Shares fell nearly 5% following the announcement, reflecting investor uncertainty during a period of tepid growth. Financial Performance & Guidance