Latest Best Buy News & Updates
See the latest news and media coverage for Best Buy. We track all announcements, press releases, and industry mentions in real time, all in one place.
Multichannel consumer electronics retailer and services provider
bestbuy.com- Headquarters
- Richfield, United States
- Founded year
- 1966
- Company type
- Public company
- Number of employees
- 70,000+
Last updated
Latest news about Best Buy
In short: Best Buy announced Jason Bonfig as its next CEO, reported mixed fiscal results, and unveiled plans to open new stores following a 14-year hiatus.
Company announcements
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Best Buy introduces reward points for Plus and Total members
Starting June 4, members earn 1% back on eligible purchases, or 6% with My Best Buy Credit Card. They can track rewards in a digital hub.
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Best Buy announces Jason Bonfig succeeds Corie Barry as CEO
Bonfig, current Chief Customer, Product and Fulfillment Officer, assumes role end of Q3 2026. Barry departs October 31 and advises six months post-transition.
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Best Buy makes CDP’s Climate A List for ninth year
CDP recognizes leadership in climate efforts, emission reductions, and environmental goals. FY25 achievements include 74% carbon cut and 21% water reduction.
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Best Buy reports Q4 FY26 results
Comparable sales decreased 0.8%. Diluted EPS reached $2.56. Dividend increases 1% to $0.96 per share. FY27 EPS guidance is $6.30 to $6.60.
Media coverage
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Dollar Tree, Arhaus, Williams-Sonoma, Academy Sports, and Best Buy shares are falling, what you need to know
What Happened? A number of stocks fell in the afternoon session after April PPI hit 6% annually, the highest in over three years, confirming that...
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Best Buy to Expand Store Count for the First Time in a Decade - Retail...
Best Buy is gearing up to add six net new U.S. stores this year — the first growth in its domestic store count in more...
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BBY (Best Buy) Q1 EPS beats forecasts but shares dip as revenue growth stalls at...
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