Best Buy Throws Coal into Customer Stockings

Although there’s probably not a lot of Christmas cheer in the customer service lines at Best Buy (NYSE:BBY) after the retailer announced that it can’t fulfill online orders placed as far back as November, analysts say the public relations blunder is an unavoidable “hiccup” that won’t influence earnings.

Best Buy would not reveal which products are out of stock or the number of orders affected.

Here’s how big box retailer shareholders are reacting to the news:

Best Buy Co. Inc. (NYSE:BBY): BBY shares recently traded at $23.25, up $0.03, or 0.13%. They have traded in a 52-week range of $21.79 to $36.33. Volume today was 1,164,252 shares versus a 3-month average volume of 6,794,060 shares. The company’s trailing P/E is 8.02, while trailing earnings are $2.90 per share. Get the most recent company news and stock data here >>

Wal-Mart Stores Inc. (NYSE:WMT): WMT shares recently traded at $59.51, up $0.32, or 0.54%. They have traded in a 52-week range of $48.31 to $59.66. Volume today was 1,479,372 shares versus a 3-month average volume of 11,378,500 shares. The company’s trailing P/E is 12.59, while trailing earnings are $4.72 per share. Get the most recent company news and stock data here >>

Target Corp. (NYSE:TGT): TGT shares recently traded at $51.24, down $0.03, or 0.06%. They have traded in a 52-week range of $48.23 to $60.97. Volume today was 920,682 shares versus a 3-month average volume of 7,601,370 shares. The company’s trailing P/E is 11.92, while trailing earnings are $4.30 per share. Get the most recent company news and stock data here >>

RadioShack Corp. (NYSE:RSH): RSH shares recently traded at $9.76, up $0.2, or 2.09%. They have traded in a 52-week range of $9.15 to $18.90. Volume today was 746,465 shares versus a 3-month average volume of 2,790,540 shares. The company’s trailing P/E is 8.83, while trailing earnings are $1.11 per share. Get the most recent company news and stock data here >>

Costco Wholesale Corporation (NASDAQ:COST): COST shares recently traded at $83.62, down $0.15, or 0.18%. They have traded in a 52-week range of $69.54 to $88.68. Volume today was 209,322 shares versus a 3-month average volume of 2,623,040 shares. The company’s trailing P/E is 25.17, while trailing earnings are $3.32 per share. Get the most recent company news and stock data here >>