Best Buy Inc Stock Price, News & Analysis

Best Buy (BBY) announced it is officially kicking off the 2025 holiday shopping season on Oct. 31, 2025 with themed DoorBOOsters™ doorbusters and weekly Friday deals across BestBuy.com, the Best Buy App and stores.

Key items: DoorBOOsters on Oct. 31, My Best Buy Plus/Total members can earn up to $25 in bonus rewards on select doorbusters, Black Friday deals start Nov. 20, Cyber Monday promotions begin Nov. 30, extended store hours from Nov. 2, a Holiday Price Match Guarantee, and extended returns for purchases Oct. 31–Dec. 31 through Jan. 15 (Jan. 31 for Plus/Total members).

The company highlighted expanded in-store demos, a new IKEA experience in select stores, and app/website discovery features to support holiday shopping.

Best Buy (NYSE:BBY) has announced its comprehensive holiday season strategy, featuring a significant expansion of its product offerings and shopping experiences. The retailer has increased its online product selection by 10 times through its new digital marketplace, expanding into new categories including seasonal decor and cookware.

Key initiatives include enhanced gaming offerings with Nintendo Switch 2 and ROG Xbox Ally, expanded appliance experiences featuring brands like Shark and Ninja, and increased focus on wearables including Meta AI glasses. The company is also expanding its XXL TV displays to more stores, featuring screens up to 136 inches, and has doubled its AI-capable computer selection.

The holiday savings will begin with a 48-Hour Flash Sale (Sept. 27-28), followed by Member Deals Days (Sept. 28-Oct. 5). Customers can receive up to $200 off XXL TVs after in-store demos between Oct. 6-19, with free delivery and installation options available on select models.

[ "10x increase in product selection through new digital marketplace", "Expansion into new product categories beyond traditional electronics", "Introduction of Meta AI glasses with expanded experiences in all stores", "Double the selection of AI-capable computers", "Addition of licensed sports merchandise through Fanatics partnership" ]

Best Buy (NYSE: BBY) has appointed Meghan Frank to its Board of Directors, effective immediately. Frank currently serves as the Chief Financial Officer of lululemon, bringing over 20 years of retail and finance experience to Best Buy's board.

In her current role at lululemon since November 2020, Frank oversees finance, tax, treasury, investor relations, asset protection, facilities, planning and allocations, and strategy. Her prior experience includes leadership positions at Ross Stores and J.Crew in financial planning and analysis roles.

Best Buy (NYSE:BBY) has declared its regular quarterly cash dividend of $0.95 per common share. The dividend will be paid on October 9, 2025, to shareholders of record as of September 18, 2025. The company reported having 210,416,254 shares of common stock issued and outstanding as of August 2, 2025.

Best Buy (NYSE: BBY) reported strong Q2 FY26 results with enterprise comparable sales growth of 1.6%, marking its highest growth in three years. The company achieved revenue of $9.44 billion, up from $9.29 billion last year, driven by gaming, computing, and mobile phones sales.

Q2 highlights include diluted EPS of $0.87 and adjusted diluted EPS of $1.28. Domestic online revenue grew 5.1% to $2.86 billion, representing 32.8% of total domestic revenue. The company incurred $114 million in restructuring charges and returned $266 million to shareholders through dividends and share repurchases.

Best Buy reiterated its FY26 guidance, expecting revenue between $41.1-41.9 billion and adjusted diluted EPS of $6.15-$6.30, trending toward the higher end of the sales range despite tariff uncertainties.

Best Buy (NYSE:BBY) has launched its digital marketplace powered by Mirakl, marking the company's largest product assortment expansion ever. The initiative more than doubles the number of products available on BestBuy.com and the Best Buy App, introducing new categories beyond traditional tech offerings.

The marketplace introduces several key expansions: enhanced tech options from major brands like Samsung and Microsoft, upcoming licensed sports merchandise through Fanatics, expanded small appliances selection, tripled furniture assortment, and new categories including seasonal decor, musical instruments, and movies. Customers can return marketplace items at physical Best Buy stores, and Blue Shirt staff will assist with both in-store and online shopping experiences.

Best Buy (NYSE:BBY) and IKEA U.S. have announced a groundbreaking partnership to pilot new in-store planning and shopping experiences in select locations. The collaboration will launch in 10 stores across Florida and Texas, featuring 1,000-square-foot IKEA footprints within Best Buy stores.

The partnership marks IKEA's first-ever cross-brand retail experience in the U.S., combining Best Buy's appliance expertise with IKEA's home furnishing solutions. Customers will have access to dedicated IKEA co-workers for planning and ordering, alongside Best Buy's blue shirts for electronics advice. Additionally, two pilot stores in Lakeland, Florida and Alamo Ranch, Texas will serve as free pickup points for most IKEA U.S. products.

Roku (NASDAQ:ROKU) has announced the launch of its first-ever Roku-made TVs in Canada, available exclusively through Best Buy Canada. The new Roku Select Series TVs lineup includes QLED 4K models ranging from 50" to 75", along with smaller HD and 4K options from 32" to 40".

The TVs feature the Roku operating system, providing access to popular apps, The Roku Channel, and over 200 live TV channels. The 4K QLED models are priced starting at $419.99, while smaller sizes will start at $199.99. The products are available online immediately at BestBuy.ca and will be in stores from July 22, with some models launching this fall.

Best Buy (NYSE:BBY) has announced its regular quarterly cash dividend of $0.95 per common share, to be paid on July 10, 2025. Shareholders of record as of June 19, 2025, will be eligible for this dividend payment. The company reported having 211,299,033 shares of common stock issued and outstanding as of May 3, 2025. This quarterly dividend announcement demonstrates Best Buy's commitment to returning value to shareholders through regular dividend payments.