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05.06.25 - 16:30
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"Let The Games Begin": Nintendo Switch 2 Launches With Retail Frenzy As Goldman Reaffirms Bullish Outlook (ZeroHedge)
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"Let The Games Begin": Nintendo Switch 2 Launches With Retail Frenzy As Goldman Reaffirms Bullish Outlook
Footage on X shows gaming fans nationwide lining up outside Best Buy, GameStop, and other electronics retailers overnight, eager to get their hands on the next-generation Nintendo Switch.
"Let the games begin!" Nintendo of America declared in an early Thursday morning post on its X account.
Let the games begin! ? #NintendoSwitch2 https://t.co/W7VoYdgnsF pic.twitter.com/koB1Cr4Sp2
— Nintendo of America (@NintendoAmerica) June 5, 2025
The lines were long.
These lines for Nintendo Switch 2 in my city are insane?
There's a long line at every Gamestop & Best Buy I drove by
There's about 80 people in line for my Gamestop and 200+ people in line at the Best Buy across the street#NintendoSwitch2 bout to do NUMBERS pic.twitter.com/WpuoWQemIb
— NintenGOD (@AesirMalos) June 5, 2025
My Best Buy here in Austin had over 120 Switch 2 systems between the Mario Kart bundle a...
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04.03.25 - 21:17
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Best Buy Beats Earnings As Chain Warns Of Price Hikes From Tariff War (ZeroHedge)
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Best Buy Beats Earnings As Chain Warns Of Price Hikes From Tariff War
As trade wars accelerate and the 'Bidenomics' hangover unfolds, several companies sounded the alarm this week over President Trump's expanding tariff policies, warning of higher prices and gloomy consumer sentiment. Target cited concerns over tariffs and consumer uncertainty. Now, Best Buy has followed suit.
Goldman analysts Kate McShane, Mark Jordan, and others told clients that consumer electronics retailer Best Buy's fourth-quarter earnings and revenue exceeded expectations, while its full-year guidance for FY26 was in line with consensus.
BBY reported 4Q25 adj. EPS of $2.58, above the GS estimate of $2.45 and consensus (Refinitiv) of $2.40. Sales decreased -4.8% y/y to $13.9bn and enterprise comparable sales increased 0.5% y/y, above the GS estimate of -0.3% and consensus of -1.3%. Domestic online comparable sales increased 2.6% y/y and accounted for 39.5% of domestic sales, up from 38.0% during the prior year....
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04.03.25 - 15:15
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Retailers Target, Best Buy Q4 Results Top Estimates (RTTNews)
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Retailer Target and Best Buy reported Tuesday net profits for the fourth quarter that declined from last year, but earnings per share and quarterly revenues at both retailers topped analysts' estimates. The companies also provided outlook for the full-year....
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