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MarketScreener Homepage  >  Equities  >  Nyse  >  Best Buy Co., Inc    BBY

BEST BUY CO., INC

(BBY)
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83.13 USD   +1.51%
02/25HAPPILY EVER AFTER : Best Buy employee, family together at last
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02/24BEST BUY CO., INC : annual earnings release
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Best Buy : Saquon Barkley teams with Best Buy to debut connected fitness space

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10/25/2019 | 03:52pm EST

October 25, 2019

Saquon Barkley teams with Best Buy to debut connected fitness space Kevin FlanaganStaff Writer
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With a little help from star running back Saquon Barkley, Best Buy on Thursday celebrated the national rollout of dedicated connected fitness spaces in more than 100 stores.

Saquon, a self-described fitness fanatic, was stoked to check out our Union Square location in Manhattan. There, he found an area with the latest and greatest in exercise and recovery technology from Hydrow, NormaTec, Hyperice, Flywheel and NordicTrack. He knew some of the products because high-end tech helps the pro football player take his fitness to the next level.

'As a professional athlete, you need to pay so much attention to the details as you're training,' Saquon said. 'That's what's so great about how tech has been incorporated into all of these devices. You're able to see the data and use it to your advantage.'

He tried out a rowing machine, treadmill and stationary bike on display. He also met with a crowd of fans to take selfies and sign autographs.

'It's great that Best Buy is rolling out these spaces to their stores to give everyone a chance to utilize this equipment,' Saquon said. 'You don't need to be a professional to incorporate professional-level exercise and recovery devices into your workout routine.'

The new collection of fitness and recovery tech is just another example of Best Buy's growing commitment to health. Last summer, Best Buy acquired GreatCall, a leader in connected health for the active aging, which offers easy-to-use mobile products and customer care services to help older adults live more independently. Also, the company has always been the go-to destination for products like activity trackers and smart scales. More recently, we've added telehealth devices to our shelves.

For more information about Best Buy's selection of connected fitness devices and to see if there's a connected fitness space near you, visit BestBuy.com.

Disclaimer

Best Buy Co. Inc. published this content on 25 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2019 19:51:03 UTC

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Financials (USD)
Sales 2020 43 493 M
EBIT 2020 2 088 M
Net income 2020 1 511 M
Debt 2020 370 M
Yield 2020 2,47%
P/E ratio 2020 14,4x
P/E ratio 2021 13,3x
EV / Sales2020 0,50x
EV / Sales2021 0,47x
Capitalization 21 191 M
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Technical analysis trends BEST BUY CO., INC
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 88,52  $
Last Close Price 81,89  $
Spread / Highest target 28,2%
Spread / Average Target 8,10%
Spread / Lowest Target -25,5%
EPS Revisions
Managers
NameTitle
Corie Sue Barry Chief Executive Officer & Director
Rajendra Michael Mohan President & Chief Operating Officer
Hubert Joly Executive Chairman
Matthew Bilunas Chief Financial Officer
Brian Tilzer Chief Digital & Technology Officer
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