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BBY

Best Buy Co. Inc

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Mentions (24Hr)

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Reddit Posts

r/wallstreetbetsSee Post

If you guys are thinking about Puts on $TGT and $BBY then don't forget $NKE. 😂

r/wallstreetbetsSee Post

The New Bill Market will be spearheaded by Old Fashioned Brick and Motars!!!

r/stocksSee Post

Thoughts on Best Buy being undervalued?

r/wallstreetbetsSee Post

Playing BBY earnings

r/smallstreetbetsSee Post

Cheap Yolos for the Small Positions

r/wallstreetbetsSee Post

Best Buy ($BBY) looks like it's going to get boycotted bigly. What's a smart PUT strategy?

r/wallstreetbetsSee Post

BBY Next TGT?

r/wallstreetbetsSee Post

$OSTK rebranding to Bed Bath and Beyond

r/wallstreetbetsSee Post

Dividends

r/smallstreetbetsSee Post

BBY Earnings Moves Recap

r/wallstreetbetsSee Post

Bby is the new be-be-be-why?

r/wallstreetbetsSee Post

Footlocker - what’s the play?

r/stocksSee Post

Dick’s Doubles Dividend as Sales Surge. Why It’s Outpacing Other Retailers.

r/StockMarketSee Post

$BBY: (Best Buy) A Best Buy for investors? Revenue -9.96%, Gross Profit -11.26%, Operating Income -25.65%, Net Earnings -20.93%, FCF -15% 😩

r/wallstreetbetsSee Post

$BBY: (Best Buy) A Best Buy for investors? Revenue -9.96%, Gross Profit -11.26%, Operating Income -25.65%, Net Earnings -20.93%, FCF -15% 😩

r/stocksSee Post

(2/27) Monday's Pre-Market Stock Movers & News

r/wallstreetbetsSee Post

My 2023 Capit losses in 2022

r/ShortsqueezeSee Post

BBY Announces They Completed Their $200 Million Offering

r/optionsSee Post

Please help. Best Buy stock is at a interesting price - help me analyze a trade please

r/optionsSee Post

Best way to manage this 3 strike play?

r/StockMarketSee Post

What do you think of these stocks?

r/optionsSee Post

BBY Puts

r/wallstreetbetsSee Post

Dear uncle Sam,

r/wallstreetbetsSee Post

⚜️⚜️ Gold-BBY: Will Gold Outperform Other Asset Classes Again In 2023??

r/wallstreetbetsSee Post

⚜️⚜️ Gold-BBY: Will Gold Outperform Other Asset Classes Again In 2023??

r/wallstreetbetsSee Post

Moving Tickers of Interest

r/smallstreetbetsSee Post

The AI Eye Podcast - GBT's CTO Discusses How Apollo Computer Vision Technology Augments Autonomous Driving and Has Potential in Many Domains

r/wallstreetbetsSee Post

Stock Market Today (as of Nov 23, 2022)

r/wallstreetbetsSee Post

You guys on this sub love to hate Jim Cramer but he was right about BBY and DKS. Both +10% today.

r/StockMarketSee Post

Best Buy (BBY) is currently up 11% after its Q3 earnings that beat expectations and raised its full-year forecast. Jim Cramer says BBY could be a huge short squeeze today. Do you agree?

r/WallStreetbetsELITESee Post

💰💰💰Good morning! #premarket #watchlist 11/22 $OBSV -Announces Sale of Ebopiprant License Agreement to XOMA for up to $113 Million, $MRKR -Announces FDA Clearance of IND for MT-601, its Six-Antigen T Cell Therapy for the Treatment of Pancreatic Cancer, $BBY -earnings

r/wallstreetbetsSee Post

WSB unironically helped me sort out financial life. (Story)

r/wallstreetbetsSee Post

Next weeks early weeks earnings….puts all around

r/wallstreetbetsSee Post

The GME, AMC, & BBY Tards😂

r/wallstreetbetsSee Post

The next bbby

r/wallstreetbetsSee Post

BBY Loss

r/wallstreetbetsSee Post

$BBY finally paying off.

r/wallstreetbetsSee Post

Regards, I need the one to two YOLO plays that will allow me to quit my job and focus on building my own business.

r/wallstreetbetsSee Post

BBY Bagholders right now

r/wallstreetbetsSee Post

the gold meaning behind the FUD

r/wallstreetbetsSee Post

Could a coordinated cash secured put sale be a more effective way to short squeeze a stock?

r/wallstreetbetsSee Post

BBY to the moon

r/wallstreetbetsSee Post

With the CFO of BBY passing.

r/wallstreetbetsSee Post

I was kicking ass up till today

r/wallstreetbetsSee Post

BBBY Gamma Squeeze can happen any day now - Puts/Calls ratio is at 0.72

r/wallstreetbetsSee Post

BBY Bagholders after The Announcement. Next disappointment, Reg Sho.

r/wallstreetbetsSee Post

B(o)BBY ON REGSHO 🚀🚀🚀🚀

r/wallstreetbetsSee Post

This Insider Has Just Sold Shares In Best Buy Co., Inc. (NYSE:BBY)

r/wallstreetbetsSee Post

Comparative Analysis: Can Bed Bath and Beyond emerge from the brink of bankruptcy?

r/wallstreetbetsSee Post

Best Buy Stock Tops Earnings Estimates, Analyst Positive

r/wallstreetbetsSee Post

Anyone have Puts on BBY / BEST BUY?

r/wallstreetbetsSee Post

I’m new to stocks

r/wallstreetbetsSee Post

I think I feel a moon coming BBY Baby🚀

r/wallstreetbetsSee Post

What are your Put Options Right Now? BBY? SNAP? Looking to see what you are up to.

r/wallstreetbetsSee Post

Even Google finance is confused now by $BBY and $BBBY

r/wallstreetbetsSee Post

Earnings for the Week of August 29, 2022

r/wallstreetbetsSee Post

Closed out BBY Puts and put it on 422P x 61 exp 8/31 on SPY Today. New position on 2nd pic.

r/wallstreetbetsSee Post

Why BBBY is moving sideways today

r/wallstreetbetsSee Post

Why is everyone after BBY when if you Google USPS and click 5Y performance, you’ll see that a different stock is up by infinity percent, with gains akin to my lifetime losses.

r/wallstreetbetsSee Post

Possible Buyout Option $CODA

r/ShortsqueezeSee Post

Hello Regards, regard wish regard wish

r/pennystocksSee Post

Hello Regards

r/wallstreetbetsSee Post

Hello Regards

r/WallStreetbetsELITESee Post

Hello Regards

r/wallstreetbetsSee Post

low float option $CODA

r/wallstreetbetsSee Post

BBBY bots & Shills are back

r/wallstreetbetsSee Post

Possible Low Float Play with a high upside in the short and long term $CODA

r/wallstreetbetsSee Post

$CODA

r/wallstreetbetsSee Post

WSB casually outperforming high-powered hedge funds on GME and BBY FDs

r/wallstreetbetsSee Post

BBY from paper hands to gains

r/wallstreetbetsSee Post

$(SBLK)$ STAR BULK CARRIERS CORP. is going Ex Dividend tomorrow for this 26% Div paying machine of a stock!

r/wallstreetbetsSee Post

Unpopular Opinion:

r/wallstreetbetsSee Post

What will take me to 🚀🚀🚀 Is B, BB, BBY or BBBY ?

r/wallstreetbetsSee Post

WSB - The Holy Trinity

r/wallstreetbetsSee Post

Hedge funds vs The World

r/wallstreetbetsSee Post

Is papa Cohen my wife’s boyfriend?

r/wallstreetbetsSee Post

BBY DD - The Upside

r/wallstreetbetsSee Post

HOLD THE LINE!

r/wallstreetbetsSee Post

Y’ALL ARE MISSING THE POINT. JUST BECAUSE HE’S NOT ALLOWED TO PLAY DOESN’T MEAN THE GAME IS OVER. WE’RE JUST GETTING STARTED.

r/wallstreetbetsSee Post

Holy shit guys, BBY just hit $80 today. I haven't checked the market since yesterday but I'm sure it was at like $18 but now it's had $80 holy shit.

r/wallstreetbetsSee Post

The “RC SOLD B(O)BBY! Make him pay by selling your GME” is the blatant false narrative being pushed on double-you-ess-bee right now

r/wallstreetbetsSee Post

Sad moment in WSB history

r/wallstreetbetsSee Post

The “RC SOLD B(O)BBY TO help your GME investment” is the blatant false narrative being pushed on YouSoStupid right now🧾 Sell @ the Bid

r/wallstreetbetsSee Post

Well BBBY and BBY didn't work out, back to BB am I right?

r/wallstreetbetsSee Post

In the wake of the recent news regarding $BBY

r/wallstreetbetsSee Post

$BBY next technical chart analyse YOU dont want to miss

r/wallstreetbetsSee Post

Just ask your family for a $25M loan

r/wallstreetbetsSee Post

Sell off of BBY

r/wallstreetbetsSee Post

WAR has been declared! Do Not Sell Even When the Buy Button is Gone

r/wallstreetbetsSee Post

Paper Handed Gain BBY

r/wallstreetbetsSee Post

RC VENTURES SELLS 9.45 Million BBY SHARES

r/wallstreetbetsSee Post

why did WSB select BBY as its new GME AMC? I'm all in!

r/wallstreetbetsSee Post

How do I throw money at BBY today?

r/wallstreetbetsSee Post

Mfs after they realize they bought BBY instead of BBBY

r/wallstreetbetsSee Post

Sorry boys $BBY

r/wallstreetbetsSee Post

Trade republic shows the real top Mover BBY to the moon

r/wallstreetbetsSee Post

BBY is Not BBBY, so we’re all clear.

r/wallstreetbetsSee Post

This alone makes it worth it $BBY

r/wallstreetbetsSee Post

FUBO and BBY hold them

r/wallstreetbetsSee Post

Copy of GME/BBY comparison

Mentions

I'm sure more than a few people confused Robinhood (HOOD) with Restoration Hardware (RH). And also BBY for BBBY

Mentions:#HOOD#BBY

Not me but my personal favorite was Best Buy (BBY) and Bed Bath and Beyond (BBBY).

Mentions:#BBY

Lets take DJT to $72 BBY 🚀🚀

Mentions:#BBY

What a moronic reply! Someone already called you a moron - so this is expected. Look at the trend OP. Ever since they announced few store closures, share are moving up! Store closure - now a days is decrease exposure and increase online busines. BBY business is different from DT. But if you truly want to but PUTs - go for it and enjoy the losses!

Mentions:#BBY#DT

Look at the trend OP. Ever since they announced few store closures, share are moving up! Store closure - now a days is decrease exposure and increase online busines. BBY business is different from DT. But if you truly want to but PUTs - go for it and enjoy the losses!

Mentions:#BBY#DT

BBY moving nicely after an upgrade

Mentions:#BBY

I so need TSM in the 150s to not get blown up soon. PLZ BBY, Taiwan #1!!!

Mentions:#TSM#BBY

Geek squad will now make house calls to fix my brain chip. Long BBY.

Mentions:#BBY

DIE DIE DIE BBY! https://ibb.co/ZzYMspD

Mentions:#BBY

Half a bag on BBY poots.  https://ibb.co/mR7nXpc

Mentions:#BBY

BBY poots let’s go!

Mentions:#BBY

All the people like you have already sold, the only reason you care so much is cause you’re missing out on profits, this isn’t BBY

Mentions:#BBY

Told you cvna was frothy and to short BBY.

Mentions:#BBY

They probably came up with something fully enclosed. A liquid-cooled AIO GPU. It'll probably look amazing (since we've never seen one) and it'll cost a fucking fortune. Microcenter is going to have tents out front, Best Buy is going to have a miserable online lottery system for these and never have one in-store, and when the first one fails and leaks all over some schmuck's PC, it'll be front page of r/pcmasterrace. I guess calls on NVDA and BBY until "The Great Leak of 2025". Then puts on NVDA. RemindMe! one year

Mentions:#AIO#NVDA#BBY

CVNA is frothy. I am short BBY GOING INTO MONDAY from past Friday at 80. I previously got BBY after earnings at 84.91 down to 79.76 and it went down to 77 and change. No one buys there unless they NEED it yesterday as everything they sell you can get delivered for 15% less. Will the COIN CLSK MARA run take a breath??? XOS gained 80% in 2 weeks and everything EV is taking a hit so…. I just know that everyone is feeling the pinch and the public is definitely branding down and getting essentials. PG can’t compete with COST store brands and has a bunch of coupons this month…Chick -fil-A ( tho private) drive through is 1/2 to 1/4 what it was. MCD is down 3% and should continue down and WMT is at an insane 31.78 P/E ( was over 32) spending capital to rebuild stores and open new stores??? 4% -7% margins don’t last forever. That’s all I got.

I definitely see a 10 % haircut, but it is coming at different times in different segments. COSTCO and NVDA just took a 6%. AMD took 3.13 %. BBY TGT MRNA will take 3-5% cuts this week. A lot of froth out there…. CVNA NEEDS A GOOD 10% cut… so does GM, PG, ENPH, JNJ and big oil. I don’t think it will be a perfect 10% all at once but over a few weeks some chips will be taken off the table. I short the rip and sell the dip. Been pretty good so far.

Seems to be all the low karma reddit accounts with the biggest/huge holdings… anybody remember they guy who pumped BBY and then dumped it… hmmm

Mentions:#BBY

BBY looks poised to continue this bounce from the gross overselling. 82 today, 85 on Wednesday of next week.

Mentions:#BBY

I think in my trading career there was no clearer sign to buy puts than when the BBY CFO jumped out a window. On the other hand I bought puts when pelaton killed a child and it pumped so what the fuck do I know.

Mentions:#BBY

To the moon. 160%+ short interest lesss gooooooooooooo BBY...🚀🦍🌕❤️

Mentions:#BBY

🙏 Sweet BBY JSUS and Papa Jensen's jacket... Please give me the strength to hold these bigly green NVDA calls. I did the DD. I drew on my charts w crayons. My entry was 😘👌. But now I'm getting scared and feel like i should lock in my profits... I have 2weeks TE. So i know i dont need to. Pls give ya boy strength 💪. $AMEN

BBY puts of course you’re welcome

Mentions:#BBY

Atm. 90 for NTAP, 95 for Dell. Also bought 100 shares of each. As well as 10 shares of NVIDIA, along with 800c's. BBY puts for april

Mentions:#NTAP#BBY

BBY is way undervalued here. Gross oversell. Especially with the tech companies marching up, someones gotta sell NVDAs shit.

Mentions:#BBY

I made $15k today profit (25% of my port) - Thank you NTAP. For the week, lost $$$ on BBY, TJX, and OKTA (all puts) and won $$$ on ZM and NCHL (all calls) - In short, I tried to blend in with both bears and bulls.... bulls won. It's also funny (or sad) how numb. Not even excited I'm $15k+ today.... maybe because all time (1.5 years) I'm still down 30% since I met you all.

Should I get BBY calls for like a couple weeks out. Feel like it's an overreaction on ER. I mean they beat expectations if only by a bit and the stock crashes?

Mentions:#BBY

Should I get BBY calls for like a couple weeks out. Feel like it's an overreaction on ER. I mean they beat expectations if only by a bit and the stock crashes?

Mentions:#BBY

I picked calls on HPE instead of Dell ![img](emote|t5_2th52|4267) I picked puts on TJX and BBY ![img](emote|t5_2th52|4267) I did hit $99 NTAP calls though, hopefully a 5x enough to offset the losses above ![img](emote|t5_2th52|8882)

“Best Buy is closing stores and planning layoffs as sales slip…” Welp, looks like BBY calls is the play tomorrow

Mentions:#BBY

I still haven’t recovered from BBY

Mentions:#BBY

$BBY up! 2/2 on the calls I made for $BBY and $OKTA after a few failed calls for other stocks this week.

Mentions:#BBY#OKTA

Ayyy $BBY just mentioned partnering with tesla lovesac and starlink in stores 🚀🚀

Mentions:#BBY
r/stocksSee Comment

$BBY | BestBuy Q4 24 Earnings: - Adj EPS $2.72 (est $2.52) - Rev $14.65B (est 14.55B) - Sees Q1 Comp Sales About +5% (est 2.35%) - Sees FY Adj EPS $5.75 To $6.20 (est $6.15) - Sees FY Rev $41.3B To $42.6B (est $42.34B) - Increasing Quarterly Div 2% To $0.94/SHR

Mentions:#BBY

RIP my BBY Puts - Off I go being banned again

Mentions:#BBY

Please Die BBY - Everyone get's their Electronics from Amazon or Costco now.

Mentions:#BBY

As we all suspected, it’s up to BBY this morning to save the market and quite possibly, the earth.

Mentions:#BBY

Need SPY 500 NVDA 800 AMD 140 CELH 75 TSLA 190 SOUN $10 and BBY $100 AAPL $190 all by tomorrow morning. Is that too much to ask for?

!banbet BBY -10% 2d ![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)

Mentions:#BBY

My $OKTA calls were a good idea! $BBY $80 Calls only thing left. I'm hoping for the best ![img](emote|t5_2th52|8883)

Mentions:#OKTA#BBY

Will my BBY calls print?

Mentions:#BBY

Get raped by BBY

Mentions:#BBY

BYND saved me from all the other stupid calls. I made 0 profit. Nothing here to save me today from this: BBY $80 Call OKTA $88 Call ​ Pray for my portfolio ![img](emote|t5_2th52|31225)

BBY is the truth. Pokémon 151 restocks have been clutch

Mentions:#BBY

People help me tank BBY. The fucker is almost at yearly highs for no damn reason

Mentions:#BBY

Why is BBY up 9% this week. Absolute drill tomorrow with earnings?

Mentions:#BBY

lol I also have 100x $71p 3/08 for $BBY that are down 50%, so you should probably inverse me...

Mentions:#BBY

which one of you regards to me to short $BBY i wish you everlasting life with exponential aging you monkey fart

Mentions:#BBY

any thoughts on BBY? ​ I don;t think the ER will be good, and price will tank by 10%. would be interested in your strategy. ​ I'm thinking of buying 75puts exp 3/8. $1.32 only.

Mentions:#BBY

Die BBY Die

Mentions:#BBY

$BBY is artificially surging and idk why. The order sheet shows hardly any buyers and no volume, yet it's been fucking surging with 0 pull backs

Mentions:#BBY

why is everyone buying BBY. Robinhood says RH traders bought 97% more yesterday lol.

Mentions:#BBY

$BBY puts. It is just waiting for an insane drop. No reason it should be surging rn

Mentions:#BBY

There’s probably better places to do long term trades on. BBY is brick and mortar electronics, I don’t personally see how it can compete with Amazon and other online distributors. They might have already written about this in a prior earnings report.

Mentions:#BBY

Has anyone really talked much about BBY in years

Mentions:#BBY

Why is nobody talking about BBY calls for tomorrows earnings? Is it not a easy play on calls or even just shares?

Mentions:#BBY

This has got to be a bull trap for Best Buy BBY - My puts are not happy. Everyone I know only goes to that store to look at TVs and computer - and buy them elsewhere.

Mentions:#BBY

up \~50k last 2 days thanks to CORN BBY I LOVE U

Mentions:#CORN#BBY

PUTS on BBY for earnings.... no way they had a good holiday quarter right? ... please someone talk me out of it

Mentions:#BBY

Didn't he buy Best Buy (BBY) instead of Bed Bath Beyond (BBBY) during the meme run for BBBY?

Mentions:#BBY

I bet your dyslexia really saved your ass when you bought BBY calls instead of BBBY

Mentions:#BBY

BBY earnings ? Puts or calls. I bought a segway scooter from there yesterday. Surely calls !!! (Nah fr tho what we thinking puts or calls)

Mentions:#BBY

Why do you think BBY calls?

Mentions:#BBY

BBY puts

Mentions:#BBY

Puts on BBY, this is the way.

Mentions:#BBY

anyone watching BBY? looks to be ripe for an earnings drop

Mentions:#BBY

ZM Calls BBY Puts (BestBuy - regards) Every time I go in one it's dead.

Mentions:#ZM#BBY

TIME IS BBY BUY![img](emote|t5_2th52|12787)

Mentions:#TIME#BBY

Lot of big earnings to play this week. CRM OKTA BBY

Mentions:#CRM#OKTA#BBY

Puts on ZM, EBAY, and BBY. Calls on U, MARA, and SOUN. Maybe a call on SNOW

Hey BBY U wan sum FUCK?!

Mentions:#BBY
r/stocksSee Comment

What I said : If the market was to dip 30 % I would be looking for the stocks that have dipped 50-90 % Gct was down over 90 percent high to low. Amazon was down just over 52 percent high to low . Meta was down 77 percent high to low. Nvidia was down 67 percent high to low. Wbd, BBY I don't follow TDOC looks interesting down here. The losses are narrowing

Mentions:#BBY#TDOC
r/stocksSee Comment

Which one of those dropped 90% bud? Look at Peloton, WBD, Teladoc, BBY in the same time period.

Mentions:#WBD#BBY

Hey BBY U wan sum FUCK?!

Mentions:#BBY

-CRM puts, because they are corporate leeches. -BBY calls, because America is addicted to retail. -ORGN calls, because insiders are loading up. -C3.AI, because they are fake ass-ducks -RKLB Calls, because statelier constellations are the future of everything.

Finally a ticker to replace BBY, so we can all loose money together again.

Mentions:#BBY

Next week's plan: every day a different ER strangle. Monday - ZM, Tuesday - EBAY, Wednesday - CRM (put, no call), Thursday - ZS (ITM calendars cause options prices high AF) and BBY, Friday - SPY

ZM calls. BBY puts.

Mentions:#ZM#BBY

Got $BBY 75put

Mentions:#BBY

Anyone thinking $BBY puts? Their expected EPS seems like an insane stretch compared to the last two quarters. I know it was holiday sales but I think that sector of retail didn't get nearly as much sales as normal. Money be tight and new tech isn't always possible. I've got $73p and $74p.

Mentions:#BBY

I bought BBY puts, is lunr still gonna go up next week or should I just sell now

Mentions:#BBY

BBY puts too maybe

Mentions:#BBY

Let’s FK BBY!

Mentions:#BBY

tuscany hotel in VEGAS BBY

Mentions:#BBY

No regerts. Shorted BBY and CVS this week. Thoughts from the fucktards appreciated.

Mentions:#BBY#CVS

99% of the time someone who says that shit now is a GME or BBY ape, happy to short anything they’re long on ![img](emote|t5_2th52|4271)

Mentions:#GME#BBY

Buy yourself something tangible. In the short time I’ve taken up trading through Covid lockdowns. I was up 150K on ZOM, 120k on GNUS and 30 K on BBY calls all on separate occasions. The feeling is amazing, but when it comes crashing down the depression can be crippling. 100K is a lot of money buy an nice car or something nice that you’ll appreciate. Eventually when time has passed you’ll be glad you did. I wish i had.

Mentions:#ZOM#BBY

i think BBY will be out of business by 2027.

Mentions:#BBY

How is BBY going up? Store doesn’t even have merch on the shelf in a lot of spots. 

Mentions:#BBY

I doubt the $65s will prints. I’m doubling down on 70s for  April and June.  BBY basically mirrors Spy with its movement. But surprisingly it dropped massively yesterday while SPY started to rise eod

Mentions:#BBY#SPY

BBY puts are moving up!

Mentions:#BBY

BBY has over a quarter of the US TV sales share and that’s not going down. Most TVs and Appliances will always be bought in person, but they are still a profitable company with decades of brand loyalty and a massive footprint and awareness. Stores will always open and close, that’s not new for BBY or any major retailer. The biggest competition will always be Walmart but Walmart makes all their money on value TVs, and their greatest threat would be Amazon in the TV space and they are partners now. I’m not saying a Kmart like ending won’t ever happen, but likely decades away.

Mentions:#BBY

People try this all the time.  See BBY.

Mentions:#BBY

When the BBY shit was going on around here last, I made a post showing that it's an extremely clear cover cycle that happens almost right on time every few quarters or whatever, and it clearly showed that people were late for it. I got laughed out of fucking town, and then of course the shit formed a new stonk cult the very next day with a huge selloff.

Mentions:#BBY

Will BBY close more then 1500 stories this year?

Mentions:#BBY

I worked in BBY corporate many years ago and it felt like it was going to die then. Literally the same thing you’re pointing out now. I sold all my ESPP shares and felt lucky to get what I did. The stock then skyrocketed. It was the first of many ignored warnings not to do regarded stuff and to just buy index funds.

Mentions:#BBY

As a former employee, CEO Corrie Barrie seems to not know what she’s doing. She saw the surge in e-commerce during the pandemic and thought that’s the basket BBY should put all its eggs into. Every year since there has been surges of mass layoffs, and remaining employees were heavily understaffed to deal with the amount of customers that came into the stores after things started opening back up. Customers became impatient and angry very quickly. On top that in a market where brick and mortar was already dying off former CEO Hubert Jolie (the CEO that saved BBY from bankruptcy and made BBY one of the last profitable brick and mortar retailers) knew BBY would have to offer a customer experience that online couldn’t provide. He did this by investing a lot into training the employees to being highly specialized within their departments so employees could give expert level advice within their departments. Corrie got rid of most those highly specialized employees in the waves of layoffs, those who remained no longer are specialists in one department but generalists in every department, with very little training on the product. So the expert advice customers came in for was no longer a thing either. She moved the focus of new hires to learn about selling the credit card and whatever new membership they’re trying to push. They stopped investing in their Geek Squad department especially in the in home installation for products in favor of cheaper third party labor that do a lousy job, and took away the customers ability to call the store directly when the third party botch the installation. The memberships have been changing every year offering less and less benefit, but with little to no price drop. Employees have a conspiracy theory that she’s intentionally ruining the retail experience to push customers to the e-commerce site instead, not realizing that if most customers had a bad experience at Best Buy they’re probably not gonna buy from bestbuy.com. Corrie has shown evidence to being that kind of tone deaf often through communications with employees and press interviews, including one where she blamed Taylor Swift and the “funflation” as to why sales were down in 2023. I worked for Best Buy since 2018. The pandemic hurt, but 2021 we had a store full of customers on the regular. Then each year less and less of those customers came back, and I don’t think it’s just cause brick and mortar overall is dying. I think under her leadership BBY has been eroding consumer trust. I personally heard angry customers shout “I’m never coming back here again” at increasing amount last few years, and that sentiment has proven to be true. Not to mention it’s now an open secret employees can’t really do anything about theft, so theft has also been on the rise. We even had a guy that would come in once a week with an empty backpack, he would fill it up with merchandise and walkout telling us “I know y’all can’t touch me.” TL;DR: Current CEO thought that to make BBY successful she should undo everything previous CEO did even though he saved the company from bankruptcy and made it one of the most profitable brick and mortar retailers in the states.

Mentions:#BBY

The ONLY thing I like about BBY is their reduced prices on returned merch. Geek squad is way over priced and so is most of their merchandise. I don't see them filing bankruptcy but would stay away for a long while.

Mentions:#BBY

I legitimately only go to my local BBY because I have former coworkers I enjoy annoying. But yeah, I jumped ship from that toxic ass environment

Mentions:#BBY

You can buy puts, but with options it’s not just knowing the direction, but also TIMING it. Will BBY die? Almost guaranteed. Will it be in the next year? Ehhhhh probably not. They have a lot of cash laying around and they’ll probably just sell off some assets/stores to stay around longer.

Mentions:#BBY