26-May-2022 00:04 HKT

Annual Review For Best Buy Co. Inc.

S&P Global Ratings has performed annual reviews of the credit ratings of this issuer. When applicable, this review would include the review of the issuer’s subsidiaries or associated entities. In an annual review, S&P Global Ratings reviews current c...

21-May-2021 01:56 HKT

Best Buy Co. Inc. Upgraded To 'BBB+' On Robust Performance And Consistent Financial Policy; Outlook Stable

U.S.-based consumer electronics retailer Best Buy Co. Inc. continues to demonstrate solid operating results driven by its successful merchandising, selling, and fulfilment strategies. We believe Best Buy's ongoing omnichannel investments will enhance...

29-Sep-2020 21:43 HKT

Best Buy Co. Inc.'s Proposed Senior Unsecured Notes Rated 'BBB'

SAN FRANCISCO (S&P Global Ratings) Sept. 29, 2020--S&P Global Ratings today assigned its 'BBB' issue-level rating to Minnesota-based consumer electronics retailer Best Buy Co. Inc.'s proposed senior unsecured notes. We expect the company to use the p...

06-Dec-2018 00:24 HKT

Credit Conditions: Global Conditions Are Tightening As Trade And Economic Worries Mount

Credit conditions are becoming more challenging for borrowers around the world, as trade tensions, increases in borrowing costs in some regions, and a historic stretch of economic expansion—particularly in the U.S.—shows signs of slowing. S&P Global ...

25-Sep-2018 21:28 HKT

Best Buy Co. Inc.'s Proposed Senior Unsecured Notes Assigned 'BBB' Issue Rating

BOSTON (S&P Global Ratings) Sept. 25, 2018--S&P Global Ratings today assigned its 'BBB' issue-level rating to Best Buy Co. Inc.'s proposed $500 million senior unsecured notes due 2028. We expect the company will use the net proceeds for general corpo...

28-Mar-2018 23:26 HKT

Credit Conditions: North America Sector Outlook--March 2018

Trade tensions resulting from new U.S. tariffs, heightened financial market volatility, and rising interest rates pose the greatest threats to the prolonged period of favorable credit condition in North America--but the prevailing low risk of recessi...

28-Mar-2018 23:20 HKT

Credit Conditions: North America March 2018--Trade Tensions, Market Swings Pose Risks To Benign Conditions

Trade tensions resulting from new U.S. tariffs, heightened financial market volatility, and rising interest rates pose the greatest threats to the prolonged period of favorable credit condition in North America--but the prevailing low risk of recessi...

10-Mar-2018 03:31 HKT

Best Buy Co. Inc. Upgraded To 'BBB' On Better-Than-Expected Performance; Outlook Stable

Consumer electronics retailer, Best Buy's recent operating results were above our expectations, and we think the company's competitive position will continue to strengthen through its product and service initiatives. We expect Best Buy to maintain so...

05-Dec-2017 19:47 HKT

Credit Conditions: Credit Conditions: EMEA Sector Roundup: Trends And Emerging Risks December 2017

In this companion report, we explore sector credit trends and emerging risks for financial institutions, corporates, insurance, public finance, and structured finance in Europe, the Middle East, and Africa. The solid, broad-based economic recovery in...

01-Dec-2017 20:45 HKT

Credit Conditions: North America Sector Outlook--November 2017

The following is a rundown of credit conditions for various business sectors in North America, with a focus on what has changed since the previous quarter. For a broader look at S&P Global Ratings' top risks, and the region's macroeconomic environmen...