Best Buy same-store sales surge, tops 4Q expectations
Best Buy is reporting surging sales at
stores and it's topped Wall Street's profit and revenue expectations for
the fourth quarter. The consumer electronics retailer also provided a
2019 outlook above analysts' estimates.
Sales at comparable stores
jumped 9 percent during the critical period that includes the holidays.
That's a big turnaround from a year earlier when the figure dipped 0.9
percent for the consumer electronics retailer.. . . more