Best Buy Co Inc
BBY: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$15.00 | Rywzmn | Fgzkhkdm |
Best Buy Faces Stout Headwinds as Consumers Trim Spending and Industry Shifts Further Online
Business Strategy and Outlook
We believe Best Buy is taking adequate steps to shore up its competitive position in an intensely competitive consumer electronics space. As the preeminent offline consumer electronics retailer in the U.S., the firm has invested heavily in seamless omnichannel access, building relationships with its 40 million active loyalty members, and cutting out nonessential costs.