Chief Executive Corie Barry said Tuesday that since margins in the consumer-electronics industry are tight, Best Buy and its vendors would absorb only some of the added costs from substantial new ...
Best Buy's comparable sales in the U.S. fell 2.8% ... customers have remained wary about spending on electronics, apparel, and home furnishings, and have held out for promotions.
Best Buy’s stock (NYSE ... also did not help the retailer meet sales expectations in Q3. The electronics retailer posted $1.26 (up 2% year-over-year (y-o-y)) in adjusted EPS in Q3, falling ...
Best Buy Posts Another Quarterly Sales Drop While Kohl's Sees Slump Deepen NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales ...