Best Buy Co. on Tuesday set financial targets for 2021, reflecting confidence that the turnaround strategy it started five years ago has positioned the company for steady growth of sales and profits.
The electronics retailer is aiming for annual revenue of $43 billion four years from now, a 9 percent increase from fiscal 2017, which was the final year of the turnaround effort the company referred to as its “Renew Blue transformation.”. . . more