Best Buy's Sales and Stock Are Sluggish. Can a New CEO Bring Back Growth? [Yahoo! Finance]
Best Buy Co., Inc. (BBY)
Last best buy co., inc. earnings: 2/27 07:00 am
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investors.bestbuy.com/investor-relations/overview/default.aspx
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Source: Yahoo! Finance
Key Takeaways Best Buy on Wednesday announced CEO Corie Barry will step down after seven years leading the company. She will be replaced by chief customer, product and fulfillment officer Jason Bonfig effective Nov. 1. Aside from a pandemic-driven surge, Best Buy's sales and stock stagnated under Barry as the company grappled with increased competition from digital marketplaces like Amazon and, in recent years, inflation-pinched consumers. Can a new leader make Best Buy stock a better buy? Best Buy ( BBY ) on Wednesday announced CEO Corie Barry would step down as the head of the electronics retailer later this year to be replaced by company veteran Jason Bonfig, who currently serves as chief customer, product and fulfillment officer. Barry, a 27-year vet of Best Buy and its CEO since June 2019, steered the retailer through the Covid-19 pandemic and last year's tariff turmoil. Bonfig, who has also spent 27 years at the company, will take the helm on November 1. Why This Is
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News
- Best Buy, America's Worst Retailer, Gets A New CEO [Yahoo! Finance]Yahoo! Finance
- Best Buy CEO Corie Barry to step down as sales stagnate [Yahoo! Finance]Yahoo! Finance
- Best Buy stock falls on appointment of company veteran as next CEO [Yahoo! Finance]Yahoo! Finance
- Best Buy CEO Corie Barry to step down [FOX Business Network]FOX Business Network
- Wall Street ticks higher in early trading with a tenuous ceasefire tested in Iran [Investment Executive - News]Investment Executive - News
BBY
Earnings
- 3/3/26 - Beat
BBY
Sec Filings
- 4/22/26 - Form 8-K
- 4/16/26 - Form 4
- 3/26/26 - Form SCHEDULE
- BBY's page on the SEC website