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Tag: billion

January 16, 2021

Petco IPO Puts Retailer’s Value at $6.4 Billion

Post By admin World Retail news billion, IPO, Petco, puts, retailers

Petco debuted its IPO at $26 per share on Jan. 14, 44% above its expected price of $18, according to CNBC. The stock reached $29.40 by closing, putting the company’s market value at $6.4 billion. The pet retailer released 48 million shares of Class A common stock and gave underwriters

September 27, 2019

Best Buy sets $50 billion revenue goal by 2025, targets $1 billion in cost cuts

Post By admin Uncategorized 2025, billion, Buy, Cost, cuts, goal, revenue, sets, targets

Get great content like this right in your inbox. Subscribe Best Buy Co. is bullish on its future. The consumer electronics is targeting revenue of $50 billion by fiscal 2025, the company stated in a release ahead of its investors meeting on Wednesday. Best Buy also said it plans $1

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