Best Buy Co. (BBY) Business News

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MINNEAPOLIS--(BUSINESS WIRE)--The most significant advancement in TV technology in more than a decade is now available at Best Buy stores nationwide. Through exclusive partnerships with Samsung, Sony, LG, TCL and Hisense, Best Buy is the only national retailer where customers can shop RGB LED TVs and see color and brightness never before possible, from anywhere in the room. The arrival of RGB LED TV comes at an important moment for customers, as more than 48 million televisions were purchased i.

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7:00 AM | Wednesday | Jun 24, 2026

Best Buy introduces RGB LED TVs to stores nationwide, ushering new era of home theater

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--The most significant advancement in TV technology in more than a decade is now available at Best Buy stores nationwide. Through exclusive partnerships with Samsung, Sony, LG, TCL and Hisense, Best Buy is the only national retailer where customers can shop RGB LED TVs and see color and brightness never before possible, from anywhere in the room. The arrival of RGB LED TV comes at an important moment for customers, as more than 48 million televisions were purchased i.

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4:00 PM | Monday | Jun 22, 2026

Best Buy Announces Chief Financial Officer Transition

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced that Matt Bilunas will step down as Chief Financial Officer and depart the company at the end of July.Best Buy has engaged an external search firm for its next chief financial officer and expects to name a successor with previous CFO experience. Current CEO Corie Barry, who previously served as CFO, will provide financial oversight during the transition if needed.
"I am truly honored to have been part of this great compa.

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7:00 AM | Monday | Jun 8, 2026

Meta Lab @ Best Buy to open in more than 50 stores

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--In partnership with Meta, Best Buy is bringing Meta Lab @ Best Buy to more than 50 of its stores this summer. These 900-square-foot experiential spaces give customers a hands-on way to explore Meta's full product lineup of AI glasses and VR headsets through interactive demos and displays, smart mirrors, personalized fittings and more. Meta AI Glasses are designed to be worn and explored firsthand. Customers want to know the fit, feel and experience, which is where.

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8:00 AM | Friday | May 29, 2026

Best Buy Announces Regular Quarterly Cash Dividend

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.96 per common share. The quarterly dividend is payable on July 9, 2026, to shareholders of record as of the close of business on June 18, 2026.
The company had 210,718,220 shares of common stock issued and outstanding as of May 2, 2026.

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7:00 AM | Thursday | May 28, 2026

Best Buy Reports First Quarter Results

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 2, 2026 (“Q1 FY27”), as compared to the 13-week first quarter ended May 3, 2025 (“Q1 FY26”).   Q1 FY27 Q1 FY26 Revenue ($ in millions)     Enterprise $ 8,936   $ 8,767   Domestic segment $ 8,249   $ 8,127   International segment $ 687   $ 640   Enterprise comparable sales % change1   2.0 %   (0.
7 )% Domestic comparable sales % change1   1.8 %   (0.7 )% Domestic comparable.

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7:00 AM | Monday | May 4, 2026

Best Buy Introduces Reward Points for My Best Buy Plus and Total Members

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--Starting June 4, Best Buy is introducing reward points for its My Best Buy Plus and My Best Buy Total memberships. Plus and Total members will earn 1% back in rewards on every eligible purchase, and 6% back1 in rewards when they use their My Best Buy® Credit Card. Points are in addition to the many benefits members enjoy today, like exclusive pricing and deals, 24/7 tech support, product protection2, free two-day shipping3 and more. More than 80% of customers want.

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7:00 AM | Wednesday | Apr 22, 2026

Best Buy Announces Chief Executive Officer Succession Plans

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced that its Board of Directors has selected Jason Bonfig, the company's Chief Customer, Product and Fulfillment Officer, to succeed Corie Barry as the next Chief Executive Officer at Best Buy. Barry will step down from her roles as CEO and member of the Board at the end of Q3 on Oct. 31 of this year.
Bonfig will also join the Board at that time. Bonfig's appointment as the sixth CEO in the company's 60-year history is the.

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11:02 AM | Thursday | Mar 19, 2026

CIM Group Sells 177,434-Square-Foot Best Buy Plaza Shopping Center in North Dallas

Business Wire

DALLAS--(BUSINESS WIRE)--CIM Group sells Best Buy Plaza, 177,434-square-foot retail shopping center in North Dallas.

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4:15 PM | Thursday | Mar 5, 2026

Best Buy to Present at the UBS Global Consumer and Retail Conference on March 12

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy (NYSE: BBY) today announced that Corie Barry, CEO, and Matt Bilunas, chief financial and strategy officer, will participate in a Fireside Chat at the UBS Global Consumer and Retail Conference on March 12, 2026, at 8:00 a.m. Eastern Time. A webcast of the event will be available at www.investors.
bestbuy.com both live and after the event.

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8:00 AM | Wednesday | Mar 4, 2026

Best Buy Announces Regular Quarterly Cash Dividend

Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.96 per common share. The quarterly dividend is payable on April 14, 2026, to shareholders of record as of the close of business on March 24, 2026.
The company had 209,100,703 shares of common stock issued and outstanding as of January 31, 2026.

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