Best Buy Posts Weak Earnings and Sales as Customers Wait for Deals
By Panos Mourdoukoutas Big-box retailer Best Buy posted weak earnings and sales in the fourth quarter of 2024 as competition in the retail industry intensifies and customers shop around for deals. On the morning of Nov. 26, the company reported third-quarter financial results for fiscal year 2024 that missed the mark across the board: Comparable store sales dropped by 2.9 percent…
More Stories
B. Riley Research Analysts Boost Earnings Estimates for LGTY
Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY – Free Report) – Analysts at B. Riley boosted their FY2025 earnings per share...
Paul Grewal Sells 7,104 Shares of Coinbase Global, Inc. (NASDAQ:COIN) Stock
Coinbase Global, Inc. (NASDAQ:COIN) insider Paul Grewal sold 7,104 shares of the firm’s stock in a transaction on Monday, November...
Johnson Matthey (OTCMKTS:JMPLY) Sets New 52-Week Low – Time to Sell?
Johnson Matthey (OTCMKTS:JMPLY – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock...
Keweenaw Land Association, Limited (OTCMKTS:KEWL) Short Interest Up 200.0% in November
Keweenaw Land Association, Limited (OTCMKTS:KEWL – Get Free Report) was the recipient of a large increase in short interest in...
Deutsche Telekom (ETR:DTE) Sets New 52-Week High – Should You Buy?
Deutsche Telekom AG (ETR:DTE – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The...
Royce Micro-Cap Trust, Inc. (NYSE:RMT) Sees Significant Increase in Short Interest
Royce Micro-Cap Trust, Inc. (NYSE:RMT – Get Free Report) saw a significant growth in short interest in November. As of...