Hubert Joly was an unconventional pick to lead Best Buy in 2012. Skeptics wondered then how a former hotel chief with no retail experience could stop Best Buy’s spiral toward oblivion.
Best Buy has named Corie Barry the retailer’s new chief executive officer, effective June 11. She will replace Hubert Joly, the company’s current chairman and CEO, who will become executive chairman of the board.
Noting strong results across all channels and geographies, Best Buy reported better-than-expected results for the first quarter ended May 5.
For the nine week holiday season ended January 3, Best Buy Co. reported that enterprise revenue fell to $11 billion…
In Best Buy’s third quarter of fiscal year 2016, ended October 31, 2015, the retailer reported overall revenues declined 2.3%…
For the second quarter ended August 1, Best Buy Co. posted net earnings attributable to the company of $164 million…
For the first quarter, Best Buy posted net earnings attributable to company shareholders of $129 million versus $461 million in…