Best Buy Co., Inc. (BBY)

Best Buy's stock price has experienced fluctuations in the past six months, influenced by earnings reports and broader economic factors. In Q3 FY25, Best Buy reported softer-than-expected sales, leading to a share price decrease and lowered fiscal 2025 revenue guidance. In Q4 FY25, Best Buy reported better-than-expected results, but shares plunged due to warnings about new tariffs and inflation. In Q1 FY26, Best Buy surpassed analyst expectations, but the stock dropped due to revised full-year guidance incorporating the impact of tariffs.

Demand for Best Buy's products and services exhibits clear seasonality, heavily influenced by holiday shopping and sales events. Consumers are increasingly deal-focused and tend to make larger purchases during predictable sales moments like Memorial Day, back-to-school periods, and especially the holiday season. Best Buy has observed that consumers are more cautious with discretionary spending and are holding off on big purchases until sales events.

Best Buy Co., Inc. is an American multinational retailer specializing in consumer electronics. Founded in 1966 as an audio specialty store called Sound of Music, it was rebranded in 1983 to focus on consumer electronics. The company operates primarily in the Retail sector, specifically within the Electronics/Appliance Stores industry. Best Buy offers a wide range of consumer electronics, computing and mobile phones, appliances, entertainment products, and home office products. In addition to products, Best Buy offers various services such as consultation, design, set-up, technical support, warranty-related services, health-related services, memberships, delivery, and installation.

Best Buy's primary operations are in the United States and Canada. The company previously had operations in China, Mexico and Europe. As of 2025, Best Buy operates 1,117 locations.

Best Buy has a strong brand reputation built over more than 40 years, known for its wide selection of products, competitive prices, and customer service. The company has been recognized for its sustainability initiatives and ethical practices. Best Buy faced challenges to its reputation around 2012 but has actively worked to rebuild it by focusing on customer feedback, improving the in-store experience, implementing a price-match promise, and investing in sales staff training.

Best Buy Co., Inc. has a significant institutional ownership. As of June 25, 2025, there are 1628 institutional owners holding a total of 208,107,703 shares. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc., and State Street Corp. Richard M. Schulze, a co-founder of Best Buy, is a major individual shareholder, owning 18.31 million shares, representing 8.66% of the company. Overall, institutional shareholders own approximately 83.79% of Best Buy, insiders own 12.36%, and retail investors own 3.85%.