Best Buy Co., Inc. (BBY)

Best Buy's stock experienced a decline of approximately 19.7% over the past year. In Q3 2025, Best Buy announced EPS of $1.40, surpassing estimates, but U.S. comparable sales declined. In Q2 2025, the company reported an EPS of $1.28, beating estimates. In Q1 2025, Best Buy announced an EPS of $1.15, exceeding estimates. In November 2024, the company lowered its full-year comparable sales guidance for the fiscal year ending January 2025. Wall Street Zen downgraded Best Buy's stock from "buy" to "hold" on January 10, 2026. Insiders sold 1,534,993 shares of company stock valued at $126,626,855 over the three months leading up to January 10, 2026. Best Buy paid a dividend of $0.95 per share in July 2025, October 2025, and January 2026.

Demand for Best Buy's products and services is highly seasonal, with significant peaks during the holiday season (October-December) and the back-to-school season (August-September). Spring and summer generally experience slower sales. Consumers are increasingly deal-focused and budgetary pressures have led consumers to prioritize services and experiences. The deployment of AI features is anticipated to drive the computer electronics and smartphone upgrade cycle.

Best Buy Co., Inc. is a multinational specialty retailer of consumer electronics, technology products, and services, operating primarily in the Consumer Cyclical and Specialty Retail sectors. Its core business involves selling consumer electronics, computing products, home appliances, and entertainment offerings. A significant part of its business is dedicated to services, notably through its Geek Squad brand, which provides tech support, computer repair, warranty services, installation, consultation, design, and delivery.

Best Buy's operations are concentrated in North America, specifically the United States and Canada. As of December 22, 2025, there were 1,056 Best Buy stores across the United States. California leads with 146 stores, followed by Texas (109), Florida (66), New York (53), and Illinois (45). The company previously had operations in China until 2011 and Mexico until December 2020.

Best Buy has been navigating a period of "post-pandemic normalization" with declining sales, but has also focused on growing its membership and services business. While recognized for its commitment to workers, communities, and environmental impact, some customer experiences have been reported as negative. Best Buy is prioritizing improvements to its omnichannel experience and leveraged text analytics for customer service agent interactions. The fourth quarter of 2025 marked a return to same-store sales growth.

Best Buy's ownership is predominantly institutional, with institutional investors holding approximately 87.59% of the total shares outstanding. Major institutional owners include The Vanguard Group Inc., BlackRock, Inc., State Street Corp, Charles Schwab Investment Management Inc., AQR Capital Management LLC, Geode Capital Management LLC, and JPMorgan Chase & Co. Richard M. Schulze, the company's founder, is a significant individual shareholder, owning 15,112,851 shares (7.21%) as of January 2, 2026.