Best Buy Co Inc

BBY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$83.00	Mbvcbbf	Ztwmxgkg

Best Buy's Competitive Position Looks Defensible but Challenging as Industry Online Shift Continues

Sean Dunlop

Mar 5, 2024

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. Moving forward, the firm plans to prioritize its digital platforms, continue to reimagine its in-store experiance, and to invest in incremental revenue streams.

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