Published on 1 Aug 2022 on Zacks via Yahoo Finance
Best Buy (BBY) Stock Moves -0.01%: What You Should Know
In the latest trading session, Best Buy (BBY) closed at $76.98, marking a -0.01% move from the previous day. This change was narrower than the S&P 500's daily loss of 0.28%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.14%.
Heading into today, shares of the consumer electronics retailer had gained 15.31% over the past month, outpacing the Retail-Wholesale sector's gain of 9.43% and the S&P 500's gain of 8.35% in that time.
Best Buy will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.53, down 48.66% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $10.57 billion, down 10.78% from the year-ago period.