Scarlett Kathleen sold $10.7M of BBY

Best Buy (BBY) shares rose 5.11% to $88.91 in today's US session, trading between $84.75 and $89.01. The stock is up 36.7% year-to-date and 6.2% below its 52-week high. The company partnered with LG Ad Solutions to offer connected-TV inventory, aiming for 10% growth in ad collections by fiscal 2027, with last year's collections at $900 million. Earnings are due November 24.

TCS has agreed to take over Best Buy's India-based Global Capability Center under a multi-year deal. TCS reported a 5% year-on-year net profit growth to ₹13,349 crore and 14% revenue growth to ₹72,275 crore for Q1 FY27. The company also secured a €1.25 billion deal with Porsche AG and acquired its subsidiary MHP for €320 million.

SCHULZE RICHARD M sold 300,000 indirectly-held shares of BEST BUY CO INC (BBY) at an average of $92.51 ($92.43–$92.90, $27.75M total) across 2 trades on 2026-09-16.

Best Buy (BBY) reported Q2 2027 revenue growth of 3.6% to $9.8B, with comparable sales up 4.1%. Computing led growth, and emerging categories like AI glasses saw sales double. The company raised its Marketplace forecast to $1.3B. BBY's stock rose 26.5% in 3 months, with a P/S ratio of 0.48. Earnings estimates were revised upward.

Best Buy (BBY) founder Richard M. Schulze's affiliated entities plan to sell 300,000 shares under Rule 144, with Piper Sandler & Co. as the broker. The shares have an aggregate market value of $27,972,000. Recent sales from Schulze's revocable trust were also reported.

Best Buy (BBY) reported Q2 revenue of $9.78B, up 3.6% YoY, beating estimates. Its stock rose 3.7% post-earnings. Dick's (DKS) reported $5.59B revenue, up 53.2% YoY, missing estimates. Its stock fell 24.7%. Sally Beauty (SBH) reported flat revenue of $935.5M, meeting expectations. Bath & Body Works (BBWI) reported $1.51B revenue, down 2.3% YoY, beating estimates. Its stock rose 4.8%.