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Can Best Buy’s Q1 Results Give Stock More Momentum?

Can Best Buy’s Q1 Results Give Stock More Momentum?

As of May 21, Best Buy (BBY) stock was up 14.4% on a YTD (year-to-date) basis, ahead of the S&P 500 Index, which has risen 2.2% YTD. Best Buy delivered impressive results in the fourth quarter of fiscal 2018, which ended on February 3, 2018. Best Buy is scheduled to announce its results for the first quarter of fiscal 2019, which ended May 5, on May 24.