Best Buy Toughs Out Rough Q2

Best Buy Toughs Out Rough Q2

Best Buy second-quarter sales and earnings slipped — although not as much and Wall Street expected — as it struggled against headwinds and comparisons. Net earnings in the quarter were $306 million, or $1.35 per diluted share, the company reported, versus $734...
Best Buy Toughs Out Rough Q2

Best Buy Scales Back Fiscal 2023 Outlook

As it faces tough year-over-year comparisons, Best Buy Co. has released a financial performance update related to the company’s fiscal 2023 second quarter ended July 30 and its fiscal 2023 outlook. The company expects second-quarter comparable sales to decline about...

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