: Jason Bonfig , a 26-year company veteran and former chief customer and fulfillment officer, is set to take the helm later this year.
Best Buy ( BBYcap B cap B cap Y ) is currently navigating a major leadership transition and ongoing sales headwinds as it moves into the second quarter of 2026. The stock has faced downward pressure recently, trading near its 52-week low of approximately $59.10. best buy stock latest news
: The company reported Q4 adjusted EPS of $2.61 , surpassing the analyst consensus of $2.47. : Jason Bonfig , a 26-year company veteran
Despite the stock's price weakness, Best Buy remains a significant "income play" for dividend seekers. Best Buy: BBY Stock Price Quote & News - Robinhood : The company reported Q4 adjusted EPS of $2
The most significant recent news is the departure of CEO , who is stepping down after leading the company since 2019.
: Management issued a cautious forecast for the new fiscal year, expecting revenue between $41.2 billion and $42.1 billion .
Best Buy's fiscal 2026 results showed resilience in profits despite flat top-line growth.