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Best Buy Co

With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American market and north of 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

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Americans are pledging to halt discretionary spending for 24 hours on Feb. 28 in protest of major retailers scaling back diversity, equity, and inclusion initiatives <a href="https://www.benzinga.com/news/25/01/43214683/target-ends-dei-program-following-trumps-call-to-eliminate-illegal-preferences-expert-calls-it-brand-suicide-for-retail-giant-with-diverse-customer-base">in response to President Donald Trump&#8217;s policies</a>.&nbsp;
The nationwide economic blackout, organized by The People&#8217;s Union USA, targets companies like Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), and Best Buy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), urging participants to hold off spending in stores and online.
The boycott comes as a reaction to <a href="https://www.benzinga.com/25/01/43402439/trump-musk-blame-dei-for-plane-crash-authorities-look-at-staffing-congestion-for-answers-search-continues-after-41-bodies-found">Trump&#8217;s perceived war on DEI</a>. His executive orders have cut federal DEI programs and threaten to freeze funds for non-compliant companies, leading to the closure of PBS&#8217;s DEI office and prompting corporations to dissolve their own initiatives. &#8220;If we disrupt the economy for just ONE day, it sends a powerful message,&#8221; The People&#8217;s Union USA <a href="https://jointhepeoplesunion.com/">said on its website</a>.
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a></li>
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While the immediate financial impact of a single-day boycott may be minimal, experts suggest that the real significance is in the message and potential for long-term behavioral shifts among consumers.&nbsp;
Kevin Thompson, CEO of 9i Capital Group, <a href="https://www.newsweek.com/nationwide-economic-blackout-february-28-list-stores-being-targeted-2030269">told Newsweek</a>, &#8220;If it evolves beyond a symbolic protest, it could create further disruptions, affecting not just these companies but the broader retail sector.&#8221;
The February 28 blackout is part of a growing trend of consumer activism, with boycotts gaining traction as a means to influence corporate policies. In recent years, conservative-led campaigns have <a href="https://www.benzinga.com/general/entertainment/24/08/40661910/bud-light-taps-anti-woke-comedian-for-college-football-ad-can-shane-gillis-help-beer-brand-">pressured companies like Anheuser-Busch InBev</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>)&nbsp; and Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) to rein in their DEI efforts, which points to the power of organized consumer action.
Trending: Many don&#8217;t know there are tax benefits when buying a unit as an investment —<a href="https://www.benzinga.com/money/casa-shares"> Here&#8217;s how to invest in real estate by mirroring BlackRock's big move</a>
However, the current political climate has left corporations in a precarious position, facing criticism from both sides of the aisle. David Primo, a professor at the University of Rochester, attributes the dilemma to years of &#8220;haphazard policymaking&#8221; by companies on contentious issues. &#8220;Companies need to figure out what they will take positions on, what they won&#8217;t take positions on, and then stand firm,&#8221; he <a href="https://www.usatoday.com/story/money/2025/02/12/consumer-boycott-feb-28-target-walmart-amazon/78385303007/">told USA Today.</a>
The People&#8217;s Union USA, led by John Schwarz, aims to unite people beyond their differences and create a powerful voice for change. Schwarz told USA Today that he plans to expand the movement with monthly boycotts targeting the &#8220;biggest offenders within the system.&#8221;&nbsp;
See Also: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>? The impact from the February 28 economic blackout may be minimal, but its message is clear—consumers are increasingly willing to use their purchasing power to influence corporate policies and demand change. The success of the boycott could set the stage for future consumer-driven movements, challenging companies to align themselves in an increasingly polarized landscape.
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AMZN

February 28 Economic Boycott: What A One-Day Spending Freeze Means For Retailers

&nbsp;Shares of retail stocks are trading lower as investors evaluate U.S. tariff risks which may negatively impact industry revenues.&nbsp;
&nbsp;Shares of retail stocks are trading lower as investors evaluate U.S. tariff risks which may negatively impact industry revenues.&nbsp;

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Shares of retail and apparel stocks are trading lower as investors evaluate U.S. tariff risks which may hinder industry sales.

Throughout the last three months, 12 analysts have evaluated Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Best Buy Co, presenting an average target of $102.5, a high estimate of $117.00, and a low estimate of $89.00. Highlighting a 5.02% decrease, the current average has fallen from the previous average price target of $107.92. 
<img src="https://www.benzinga.com/files/images/story/2025/1737486053_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Best Buy Co. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Simeon Gutman</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Seth Sigman</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$89.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Anthony Chukumba</td>
<td>Loop Capital</td>
<td>Maintains</td>
<td>Buy</td>
<td>$100.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Steven Forbes</td>
<td>Guggenheim</td>
<td>Lowers</td>
<td>Buy</td>
<td>$105.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Zachary Fadem</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$89.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$115.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$95.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>Steven Zaccone</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$101.00</td>
<td>$109.00</td>
</tr>
<tr>
<td>Anthony Chukumba</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$100.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$110.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Christopher Horvers</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$117.00</td>
<td>$111.00</td>
</tr>
<tr>
<td>Steven Zaccone</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$109.00</td>
<td>$115.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Best Buy Co. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Best Buy Co compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into Best Buy Co's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BBY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Best Buy Co analyst ratings.</a>
<h2>About Best Buy Co</h2>
With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American market and north of 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
<h3>Best Buy Co: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Best Buy Co's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2024, the company experienced a revenue decline of approximately -3.19%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 2.89%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Best Buy Co's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.82% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Best Buy Co's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.67% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Best Buy Co's debt-to-equity ratio surpasses industry norms, standing at 1.32. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

What 12 Analyst Ratings Have To Say About Best Buy Co

Morgan Stanley analyst Simeon Gutman maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Equal-Weight and lowers the price target from $105 to $100.

Price Target

Morgan Stanley Maintains Equal-Weight on Best Buy Co, Lowers Price Target to $100

Best Buy Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) short percent of float has risen 16.33% since its last report. The company recently reported that it has 13.43 million shares sold short, which is 8.05% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.84 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Best Buy Co Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736440210_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Best Buy Co has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Best Buy Co's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Best Buy Co's peer group average for short interest as a percentage of float is 2.87%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Best Buy Co's Recent Short Interest

Barclays analyst Seth Sigman maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Equal-Weight and lowers the price target from $95 to $89.

Barclays Maintains Equal-Weight on Best Buy Co, Lowers Price Target to $89

Wall Street enters 2025 singing the same song it has sung for the past few years:
Artificial Intelligence!
Quantum Computing!
FinTech!
Tesla! (Ticker: TSLA)
Crypto!
Tech!
More tech!
That is where the action is; as we know, these things can grow forever, and nothing could go wrong.
The business&#8217;s more &#8220;prominent&#8221; folks suggest indexing and a 60-40 mix of stocks and bonds.
Never mind that this exposes you to a massive position in high-multiple tech stocks and low total returns over the next decade.
It is prudent.
All the textbooks say so.
I am more interested in the things Wall Street never talks about.
Wall Street never mentions the type of small banks mentioned last week.
Old economy companies trading for less than the liquidation value of the assets they own are never talked about.
Unless they are doing an IPO that lures buyers willing to pay a high fee, you will never hear closed-end funds mentioned.
When they are out of favor and trading at a discount to the value of the stocks and bonds in the fund and throwing off a high stream of regular income, the big firms and Instant Experts of the internet are as silent as the mice scurrying in the rafters of Trinity Church.
You rarely hear any discussion of real estate aside from the occasional asset allocation scheme that calls for a 10% allocation to Real Estate Investment Trusts for diversification purposes.
No one mentions the Morningstar data that shows that since 1972, REITs have outperformed the S&amp;P 500.
The CREM Benchmarking study never comes up either.
That study clarifies that REITs have outperformed private equity in defined benefit pension plans over the last 25 years.
The instant experts are too busy trying to predict which company will dominate nuclear energy when the new plants are finally turned on and can produce cash flow in future years. They never mention the REITs throwing off growing streams of cash right now.
Wall Street and the Instant Experts only care about what is hot now.
You will hear little mention of portfolios of almost fully leased properties that pay investors a huge amount of cash every quarter.
Broadstone Net Lease (Ticker: BNL) is a great example of a collection of properties producing regular cash streams that are being distributed to shareholders as dividends.
Broadstone owns industrial, warehouse, and retail properties across the United States.
The average lease has 11 years to run, and all leases have a 2% escalation clause that helps protect cash flows from inflation.
Its tenants include Nestlé, Carvana, Tractor Supply, and other well-known companies with excellent credit profiles.
30% of its properties are manufacturing facilities making everything from food products to semiconductors.
It has both normal and cold storage warehouse facilities, and it will see increased demand from the remaking of the global supply chain and the continued rise of e-commerce.
All of the properties are net lease properties, which means that tenants pay all maintenance, insurance, and taxes in addition to rent.
Broadstone has an excellent balance sheet, with BBB credit ratings and about twice as much equity as long-term debt.
The REIT maintains plenty of liquidity, so it can withstand all economic turmoil and take advantage of opportunities created by disruptions.
This is not the most exciting story you will hear this year.
It may be the most consistent and profitable over the next several years. The current yield on the shares is about 7.3%, and the shares trade at a fairly steep discount to my internal calculation of net asset value.
None of the chattering experts on the internet will be excited about a collection of retailers we all drive by and use every day of our lives that is throwing off cash, either.
Alpine Income Property Trust (Ticker: PINE) is a real estate investment trust (REIT) specializing in owning and managing high-quality, single-tenant retail and office properties. Based in Florida, the company strategically focuses on acquiring net lease assets in thriving markets across the United States.
Alpine emphasizes properties leased to strong, creditworthy tenants, often with long-term, triple-net lease agreements that shift maintenance, taxes, and insurance costs to the tenant.
Its tenants include companies like Walmart (Ticker: WMT), Dollar General (Ticker: DG), 7-Eleven, Bass Pro Shops, Best Buy (Ticker: BBY), and CVS (Ticker: CVS).
Alpine&#8217;s properties are also leased on a triple-net basis, so most of the cash collected goes back to shareholders as a dividend.
The yield is currently about 6.6%, and the portfolio of properties is, in my calculation, worth much more than the current price of the shares.
When it comes to investing, boring companies that generate a lot of cash have a better-than-average chance of being wildly profitable investments for patient, aggressive investors.
In the case of REITs, that has been the case for more than five decades.

Opinion

PINE

TSLA

Under the Radar: Undervalued Assets Wall Street Isn't Talking About

BOOT

Shares of retail stocks are trading higher in possible reaction to Mastercard SpendingPulse data, which showed US retail sales grew 3.8% in the holiday season.

Loop Capital analyst Anthony Chukumba reiterates Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Buy and maintains $100 price target.

Reiteration

Loop Capital Reiterates Buy on Best Buy Co, Maintains $100 Price Target

Best Buy Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) short percent of float has fallen 17.52% since its last report. The company recently reported that it has 11.55 million shares sold short, which is 6.92% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.36 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Best Buy Co Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733930121_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Best Buy Co has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Best Buy Co's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Best Buy Co's peer group average for short interest as a percentage of float is 3.94%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Best Buy Co?

Corporate brass has already laid out counterstrategies to President-elect <a href="https://www.benzinga.com/topic/tariffs">Donald Trump&#8216;s tariff plans</a>. 
The Trump administration is expected to raise tariffs on Chinese imports by an average of 20 percentage points, with non-consumer goods facing hikes as high as 60 percentage points, Goldman Sachs&#8217; Ronnie Walker said in a Tuesday note.
Additional tariffs on auto imports are also expected, along with a 40% chance of a universal 10%-20% tariff on all imports from other countries, the economist said.
Goldman Sachs analyzed discussions over the third quarter and identified three key tactics based on insights from corporate commentary.
Here's how U.S. businesses are bracing for the tariff storm:
<h2 class="wp-block-heading">Strategy 1: Make Customers Pay More</h2>
In dealing with higher import costs, many companies will take the straightforward approach: raise prices.
Major firms like AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) and Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) said they expect to pass tariff expenses directly to customers.
As Goldman Sachs highlighted in its note, Best Buy acknowledged that in previous tariff rounds, costs were &#8220;largely shared between vendors, the company, and ultimately the end customer.&#8221;
Similarly, Traeger Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COOK#NYSE">COOK</a>) said, &#8220;Pricing is always a lever… most brands will lean into price to mitigate the downside.&#8221;
Goldman Sachs economists highlighted that tariffs tend to raise prices across the board, with the burden typically landing on consumers. 
&#8220;The&nbsp;experience&nbsp;of the first Trump administration shows that tariffs are largely passed on to consumer prices,&#8221; Walker wrote.
<h2 class="wp-block-heading">Strategy 2: Stockpile Imports</h2>
Some companies are racing to get ahead of the tariff curve by stockpiling goods.
Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) indicated during its third-quarter earnings call that the trend of building up inventories in advance reflects preparation &#8220;for the eventuality of tariffs,&#8221; according to Goldman Sachs. 
Clarus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLAR#NASDAQ">CLAR</a>) also highlighted that pulling forward purchases before tariffs take effect provides a buffer: 
"Once we get a sense of the timing and magnitude of tariffs, we can adjust purchases to build inventory," Clarus said on its earnings call, according to Goldman Sachs. 
The investment bank added: &#8220;Our global economics team recently&nbsp;collected&nbsp;anecdotal reports that suggest this may already be underway.&#8221;
Port data from China has shown a notable spike in U.S.-bound shipments since the 2024 election. European exporters are also reportedly front-loading shipments to avoid potential tariffs.
Stockpiling is only a temporary fix, as storage and carrying costs can erode margins over time, per Goldman Sachs.
<h2 class="wp-block-heading">Strategy 3: Reshuffle Supply Chains</h2>
For many companies, shifting supply chains away from tariff-heavy regions like China has become the top long-term solution. 
Over the last seven years, U.S. manufacturers have been reducing dependence on Chinese imports in favor of Mexico and other Asian countries, according to Goldman Sachs.
Goldman Sachs highlighted insights from American Woodmark Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) and Stanley Black &amp; Decker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>). 
While American Woodmark has "significantly reduced exposure to Chinese imports," Stanley Black &amp; Decker said it may shift production to &#8220;other parts of Asia, or Mexico.&#8221;
Yet Goldman economists said moving production back to the U.S., a strategy often referred to as &#8220;reshoring,&#8221; still remains unlikely.
<h2 class="wp-block-heading">Is Reshoring Realistic?</h2>
"It's just not cost-effective," said Stanley Black &amp; Decker. "There's also a labor shortage in the U.S. to consider."
Columbia Sportswear Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLM#NASDAQ">COLM</a>) added that even with tariffs as high as 40% on some footwear and apparel, the cost differential hasn't spurred increased domestic production.
Despite calls for more domestic manufacturing, evidence suggests the U.S. economy remains deeply reliant on imported goods. 
Over the last decade, imports of foreign intermediate and final manufactured goods have outpaced domestic manufacturing growth, according to Goldman Sachs.
Boot Barn Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOOT#NYSE">BOOT</a>) acknowledged the challenge of fully decoupling from China. 
Goldman Sachs highlighted management remarks from Boot Barn Holdings&#8217; third-quarter earnings call: &#8220;We won't move completely out of China, but we've done a good job balancing our exposure.&#8221;
On a more optimistic note, Digi International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGII#NASDAQ">DGII</a>) revealed contingency plans to relocate manufacturing to U.S.-based facilities if conditions allow. 
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Trump's Tariff Storm: 3 Survival Strategies US Companies Are Using To Fight Back

<a target="_blank" href="https://www.benzinga.com/topic/black-friday" rel="noreferrer noopener">Black Friday sales</a> in the U.S. revealed contrasting trends between in-store and online shopping, highlighting consumers&#8217; preference for digital platforms.
While brick-and-mortar stores saw muted growth of just 0.7% year-over-year, online sales surged by 14.6%, according to Mastercard SpendingPulse data. The figures underscore the growing dominance of e-commerce in the holiday shopping season, Reuters reports.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/08/40251560/amazon-boosts-recruitment-efforts-in-china-targets-rivalry-with-temu-report" rel="noreferrer noopener">Amazon Boosts Recruitment Efforts In China, Targets Rivalry With Temu: Report</a>
Adobe Inc. noted a substantial increase in online spending, with Americans shelling out $10.8 billion on Friday, a 10.2% rise from last year. <a target="_blank" href="https://www.benzinga.com/news/retail-sales/24/12/42257325/ai-revolutionizes-black-friday-shopping-as-online-sales-reach-new-heights" rel="noreferrer noopener">Generative AI chatbots</a>, designed to enhance shopper interactions, fueled a 1,800% surge in retail website visits compared to the previous year, according to a report by Barron&#8217;s.
Top-selling items included makeup, Bluetooth speakers, and espresso machines, reflecting diverse consumer preferences.
Salesforce analyzed data from over 1.5 billion global shoppers and reported a 7% uptick in U.S. online sales, reaching $17.5 billion. Home appliances and furniture emerged as popular categories among digital buyers.
Physical retail locations struggled to keep pace, with Facteus reporting a 5.4% drop in-store sales. This decline deepens to 8% when adjusted for inflation, indicating a challenging environment for traditional retailers.
Big-box stores like Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) and Best Buy Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) experienced flat year-over-year sales on Black Friday, emphasizing the shift toward digital channels.
Retail behemoths such as Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) benefitted from strong online demand. Walmart&#8217;s focus on integrating store-to-home delivery for its e-commerce customers has helped capture this growing market segment. Emerging platforms like TikTok Shop and PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) Temu also demonstrated robust sales growth during the holiday period.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02045412/newplot-1.png" alt="" class="wp-image-672024" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02045412/newplot-1.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02045412/newplot-1-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Amazon has prioritized Black Friday over Cyber Monday for the second consecutive year, a shift Deepwater Asset Management&#8217;s Gene Munster says yields strong results. This strategy aligns with Amazon&#8217;s history of creating unique sales events, such as Prime Day.
Deepwater Asset Management&#8217;s&nbsp;Gene Munster highlights the <a target="_blank" href="https://www.benzinga.com/24/11/42253350/amazons-focus-shift-to-black-friday-from-cyber-monday-is-paying-off-says-gene-munster-small-changes-to-profitability-can-have-measurable-impact-to-earnings" rel="noreferrer noopener">retail sector&#8217;s growth</a>, with Amazon&#8217;s paid units rising from 8% in December 2022 to 12% in September 2024. He estimates retail operating margins have improved from -3% two years ago to 5% last quarter and predicts further gains to 7% in 2025, potentially lifting EPS to $7.15.
Amazon announced it will hire <a target="_blank" href="https://www.benzinga.com/news/24/10/41185124/amazon-to-boost-workforce-by-250k-for-2024-holidays-joining-retail-hiring-surge" rel="noreferrer noopener">250,000 U.S. workers</a> for the holiday season, reflecting retail&#8217;s increased demand for seasonal staff. Target also revealed plans to add 100,000 temporary employees. In 2023, Amazon&#8217;s U.S. Cyber Monday sales hit $12.4 billion, a 9.6% increase that exceeded the $12 billion forecast. Total online sales during Cyber Week reached $38 billion, surpassing the $37.2 billion estimate.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/11/42247997/walmart-shoppers-shun-electronics-for-black-friday-deals-on-eggs-bread-slippers" target="_blank" rel="noreferrer noopener">Walmart Shoppers Shun Electronics For Black Friday Deals On Eggs, Bread, Slippers</a></li>
</ul>
Photo via Shutterstock

Retail Sales

Tech

Media

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Amazon And Walmart Dominate Black Friday As Online Sales Soar 14.6%

While many shoppers are searching for the latest tech gadgets, a toy brand nearly 100 years old is dominating <a href="https://www.benzinga.com/topic/black-friday">Black Friday searches </a>in 2024.
What Happened: Each year, new toys and gadgets are among the most searched items during the<a href="https://www.benzinga.com/news/24/11/42236796/black-friday-cyber-monday-shopping-set-to-break-sales-records"> Christmas holiday shopping season.</a>
Airpods, iPads, Nintendo Switch, and other newer tech products rank well in searches, but Lego dominates the search results on Black Friday.
The toy brand, which was founded in 1932, ranks first among Black Friday searches according to data from <a href="https://www.similarweb.com/">Similarweb</a>, tracking searches on Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Best Buy Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>), and Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>).
For searches on Walmart, Lego ranks second trailing only the generic search item of TV. On Target, Lego ranks third, trailing only Pokemon and Pokemon cards.
Read Also:<a href="https://www.benzinga.com/news/24/08/40658510/lego-maker-pledges-to-cut-oil-content-in-bricks-by-2032-faces-higher-production-costs"> Lego Maker Pledges To Cut Oil Content In Bricks By 2032, Faces Higher Production Costs</a>
Why It's Important: Lego has been a staple among toy wish lists for children and adults alike for many Christmases.
While Lego has advanced its technology and now has motorized sets and sets that focus on STEM (science, technology, engineering and mathematics), sets based on popular movies and television shows are also highly coveted by collectors.
Lego ranking well among searches could be good news for retailers as the items are not exclusive and are sold in many locations. 
Lego sets are also not often discounted, which could be good news for retailers and their margins. Many other top products also get heavy discounts for the holiday shopping season to attract retailers.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/04/38045479/lego-billionaires-wealth-surges-as-investment-portfolio-turns-profitable">Lego Billionaires&#8217; Wealth Surges As Investment Portfolio Turns Profitable</a></li>
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Image created using artificial intelligence via Midjourney.

One Low-Tech Toy Blows Away Black Friday Shopping Competition

Several Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) products are among the most searched-for items on Black Friday for the 2024 <a href="https://www.benzinga.com/topic/black-friday">holiday shopping season.</a>
What Happened: Apple could be one of the big winners in the 2024 Black Friday shopping season, which<a href="https://www.benzinga.com/news/24/11/42236796/black-friday-cyber-monday-shopping-set-to-break-sales-records" target="_blank" rel="noopener"> could set records</a>.
The technology giant is dominating searches at several of the largest retailers according to early Black Friday data, as reported by <a href="https://www.similarweb.com/">Similarweb</a>.
Similarweb data shows trending searches across Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Best Buy Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>), and Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) consistently feature several Apple products among the top 10 most-searched items, alongside other electronics and children's toys.
Here are the overall Apple rankings across the four retailers:
<ul>
<li>2. Airpods</li>
<li>3. iPad</li>
<li>7. Apple Watch</li>
</ul>
Across searches at Target, Airpods ranked fourth, with the Apple Watch and iPad ranking sixth and seventh.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42244324/black-friday-frenzy-shoppers-queue-for-taylor-swift-merch-retro-gadgets-and-more-as-retailers-open-doors-early-amid-shortened-shopping-season">Black Friday Frenzy: Shoppers Queue For Taylor Swift Merch, Retro Gadgets And More As Retailers Open Doors Early Amid Shortened Shopping Season</a>
Why It's Important: The strong search traffic could signal interest from buyers of these products either as gifts for the holiday or for themselves.
Apple continues to see strong demand for its products as one of the top global brands that are well-known for their products.
The Christmas shopping season is shorter than in past years, with only 27 days from the day before Thanksgiving until Christmas Day.
Black Friday trends and data could signal how retailers and other companies will fare this short holiday season, with Apple looking to be one of the early winners.
AAPL Price Action: Apple stock is up 0.4% to $235.89 on Friday versus a 52-week trading range of $164.08 to $237.49. Apple stock is up 27.1% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41690576/apple-q4-results-better-than-feared-analysts-highlight-iphone-16-demand-apple-intel">Apple Q4 Results &#8216;Better-Than-Feared&#8217;: Analysts Highlight iPhone 16 Demand, Apple Intelligence Opportunity After &#8216;Rock Solid Quarter&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

AAPL

Apple Products Dominate Early Black Friday Trending Searches

Retailers across the U.S. and Europe are rolling out Black Friday deals, enticing shoppers with exclusive items and substantial discounts. This comes as stores&nbsp;opened as early as 5&nbsp;a.m. following Thanksgiving, aiming to draw in consumers despite a condensed shopping season.
What Happened: U.S. and European retailers are enticing bargain hunters with exclusive products and significant discounts this Black Friday. As stores opened as early as 5 a.m. following Thanksgiving, retailers are eager to attract shoppers despite a shortened shopping season, Reuters reported.
At 5:30 a.m. outside a&nbsp;Target Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) in North Bergen, New Jersey,&nbsp;20 people queued up for the 6 a.m. opening, with many eager to purchase exclusive&nbsp;Taylor Swift&nbsp;merchandise. Store manager Jonathan Baldera noted&nbsp;it was the first time&nbsp;since the pandemic that people lined up outside on Black Friday, attributing the turnout to the &#8220;Taylor Swift craze.&#8221;
In London, Currys reported high demand for products like the Sony PlayStation 5 and retro-tech items.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/24/11/42186167/michael-saylors-microstrategy-convertible-notes-to-buy-bitcoin-offer-no-interest-so-why-are-investors-rushing-to-buy-them?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Saylor&#8217;s MicroStrategy Convertible Notes To Buy Bitcoin Offer No Interest, So Why Are Investors Rushing To Buy Them?</a>
In the U.S.,&nbsp;Walmart Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) and other major retailers like&nbsp;Best Buy&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) and&nbsp;Home Depot&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) opened early, offering deals on electronics and home goods. The National Retail Federation anticipates 85.6 million shoppers will&nbsp;visit stores this year, up&nbsp;from last year&#8217;s 76 million, despite the shortened 26-day shopping period between Thanksgiving and Christmas.
Why It Matters: The significance of this year&#8217;s Black Friday is underscored by the expectation of record-breaking sales during the Black Friday to Cyber Monday period. Management consultancy firm Bain &amp; Company <a href="https://www.benzinga.com/news/retail-sales/24/11/42225933/black-friday-cyber-monday-shopping-set-to-break-sales-records">forecasts U.S. retail sales</a> to reach $75 billion, marking a 5% increase from last year. This period is projected to account for 8% of total holiday sales, the highest share since 2019. The evolving shopping habits, with consumers purchasing earlier due to ongoing discounts, highlight the strategic importance of this period for retailers.
However, a survey by KnownHost, reveals that not all <a href="https://www.benzinga.com/news/retail-sales/24/11/42220200/black-friday-discounts-too-good-to-be-true-survey-shows-only-42-of-sales-are-authentic">Black Friday deals</a> are as genuine as they appear. The study found that nearly a third of the deals were not true savings, with some prices inflated before the event to create the illusion of discounts. This insight into consumer behavior and market strategies is crucial for understanding the dynamics of the holiday shopping season.
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Macro Economic Events

General

Black Friday Frenzy: Shoppers Queue For Taylor Swift Merch, Retro Gadgets And More As Retailers Open Doors Early Amid Shortened Shopping Season

Guggenheim analyst Steven Forbes maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Buy and lowers the price target from $110 to $105.

Guggenheim Maintains Buy on Best Buy Co, Lowers Price Target to $105

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales <a href="https://www.benzinga.com/news/retail-sales/24/11/42220200/black-friday-discounts-too-good-to-be-true-survey-shows-only-42-of-sales-are-authentic">promotions and savings.&nbsp;</a>
What To Know: Management consultancy firm Bain &amp; Company <a href="https://www.bain.com/insights/black-friday-2024-sales-forecast-snap-chart/">forecasts</a> U.S. retail sales during the Black Friday to Cyber Monday period will reach $75 billion for the first time ever, growing by about 5% year-over-year. The firm sees about 8% of total holiday sales will come during this period, the highest share since 2019, underscoring the importance of the key shopping period for retailers.&nbsp;
"The holiday shopping season has been reshaped in recent years, where consumers are making purchases earlier, driven by a stream of discounts that has allowed shoppers to manage their budgets in different ways," says Vivek Pandya, lead analyst, Adobe Digital Insights.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/retail-sales/24/11/42170721/thanksgiving-dinner-gobbles-up-19-more-cash-this-year-many-holiday-hosts-already-regret-their-decision">Thanksgiving Dinner Gobbles Up 19% More Cash This Year, Many Holiday Hosts &#8216;Already Regret Their Decision&#8217;</a>
Online Shopping: Adobe Digital Insights <a href="https://news.adobe.com/news/2024/09/092524-adi-holiday-forecast">expects</a> Cyber Week (the 5-day period including Thanksgiving, Black Friday and Cyber Monday) online sales of $40.6 billion, up 7% over last year and adding up to 16.9% of the overall holiday season sales.&nbsp;
Adobe sees Cyber Monday as the biggest shopping day of the year, driving a record $13.2 billion in sales, an increase of 6.1% from 2023.&nbsp;
In-store Shopping: In-store shopping still remains an important part of Black Friday for many consumers. According to<a href="https://www.linkedin.com/redir/redirect?url=http%3A%2F%2FPlacer%2Eai&amp;urlhash=w5Z_&amp;trk=article-ssr-frontend-pulse_little-text-block"> Placer.ai</a> analytics, Black Friday 2023 saw a 300% increase in mall visits compared to the first three weeks of November. Superstores also saw an 81% rise, demonstrating demand across shopping formats.&nbsp;
Most Wanted Items: Consumers are expected to gobble up Cyber Week deals on electronics from retailers like Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) on hot items like Beats Studio Pro Wireless Noise Cancelling Headphones at more than 60% off its regular price.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/retail-sales/24/11/42220200/black-friday-discounts-too-good-to-be-true-survey-shows-only-42-of-sales-are-authentic">Black Friday Discounts Too Good To Be True? Survey Shows Only 42% Of Sales Are Authentic</a>
Placer.ai expects beauty and personal care items to be another hot item with discounts on gift sets from retailers like Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) drawing shoppers online and in stores.&nbsp;
Sporting goods and outdoor equipment will see record-high discounts averaging 20%, according to Abode Digital Insights, with retailers like Dicks Sporting Goods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) benefiting from the increased spending on experiences and activities.&nbsp;
When To Shop: Adobe Digital Insights says Thanksgiving Day will be the best day to shop for toys, appliances, furniture and sporting goods, while Black Friday will offer the deepest discounts for TVs. The Saturday after Thanksgiving will have the best deals for computers and Cyber Monday will be the best day to shop for electronics and apparel, the two biggest categories in e-commerce by revenue share. 
Read More: • <a href="https://www.benzinga.com/24/11/42194570/starbucks-employee-systems-down-after-software-provider-suffers-ransomware-attack">Starbucks&#8217; Employee Systems Down After Software Provider Suffers Ransomware Attack</a>
Photo: gonghuimin468 from Pixabay

Black Friday, Cyber Monday Shopping Set To Break Sales Records

Wells Fargo analyst Zachary Fadem maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Equal-Weight and lowers the price target from $95 to $89.

Wells Fargo Maintains Equal-Weight on Best Buy Co, Lowers Price Target to $89

UBS analyst Michael Lasser maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Buy and lowers the price target from $123 to $115.

UBS Maintains Buy on Best Buy Co, Lowers Price Target to $115

Truist Securities analyst Scot Ciccarelli maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Hold and lowers the price target from $107 to $95.

Truist Securities Maintains Hold on Best Buy Co, Lowers Price Target to $95

Press Releases

Best Buy's Countdown to the Holiday Season Begins

Best Buy Drops 2024 Holiday Calendar, Black Friday Savings Begin Nov. 8

Best Buy Canada predicts product trends and announces dates for hotly anticipated Black Friday sales

Real Estate

Generation Income Properties Announces Third Quarter 2024 Financial and Operating Results

Holiday Magic Continues at Best Buy, Black Friday Sale Begins Nov. 21

MANSCAPED® Expands North American Retail Footprint, Launching in Best Buy Canada

Best Buy Reports Third Quarter Results

Best Buy Announces Regular Quarterly Cash Dividend

Best Buy Ads Canada Partners with Rokt to Deliver Highly Relevant Customer Experiences for the Holidays and Beyond

Best Buy Canada's Teen Tech for Tomorrow program awards more than $110,000 to secondary schools and robotics teams across Canada

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