Categories AlphaGraphs, Earnings, Retail

Best Buy stock rises after Q2 beat: Infographic

Best Buy (NYSE: BBY) reported second-quarter 2021 financial results before the regular market hours on Tuesday. The retail store chain reported Q2 revenue of $11.8 billion, up 20% year-over-year and higher than the Wall Street projection. Net income of $2.98 per share was also above the target that analysts had anticipated.

BBY shares rose 4% immediately following the announcement. The stock has gained 11% since the beginning of this year.

Best Buy Q2 2022 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Best Buy Q2 earnings call transcript

Prior performance

  • Best Buy (BBY) Q2 2021 Earnings Infograph

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top