Best Buy in Podcasts
companyAmerican retail chain operating department stores and specialty stores.
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Tehtävästi ei. Black Friday ei ole yhdysvaltoja. Järjestö ei tunne sitä. Yhdysvaltojärjestö pysyy avaamassa. Yhdysvaltojärjestöt eivät saa päivää. Mutta se on suunniteltu yhdysvaltoja. Asiakkaat loppuvat alkaen. Ja kulttuurisesti se on yhdysvaltoja. Yhdysvaltoja. Mutta mitä Black Friday on? Kyllä, heikko. Heikko AF. Mitä Black Friday on nyt? Onko se vielä ihmisiä, jotka käyvät ulkopuolella Best Buyin? Tai onko se nyt enemmän kuin internet-suomalaisuus?
All this lines up with a slew of positive sales reports from major retailers, including Walmart, Amazon, Best Buy, and Dick's Sporting Goods.
Let's move on to Best Buy, ticker BBY, which has underperformed the market by close to 24% year-to-date.
And again, there may be some truth to that, and clearly Best Buy used the same script the other day. But what I do think is though, so many of these companies have been really struggling for a long time, and this gives the CEO coverage. To say to their boards, it's not me that is screwed with the business plan here. It's tariffs. The reality is Best Buy has been struggling for some time.
We've got Palantir Technologies. We've got Costco. We've got AsteroLibs. We've got Gap. We've got Best Buy. Thank you for listening to the Becker Private Equity and Business Podcast. Thank you very much for joining us today.
And today's example of that is The Gap. The Gap is down 20% today. And again, Best Buy was just down 12% or 15% the other day. Both companies have really struggled the last several years. But of course, we're able to point now to tariffs as the reason for their struggles. We find that to be this fascinating thing to watch. So the winners and losers, the good, the bad, the ugly.
Hey, listeners. It's Monday, June 2nd. I'm Hannah Aaron Lang for The Wall Street Journal. And this is What's News and Earnings, our look at the broad themes that stood out in the latest earnings season. Today, we're taking a look at retailers. Stores like Macy's, Kohl's and Best Buy have been caught in the crosshairs of President Trump's tariff war.
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