Tuesday, August 28, 2018

Best Buy shares fall despite earnings beat

Best Buy revenue in the second quarter climbed nearly 5 percent to $9.38 billion, surpassing the expected $9.28 billion.

Sales at Best Buy stores open for at least 12 months were up 6.2 percent overall. That included domestic same-store sales growth of 6 percent and international same-store sales growth of 10.1 percent. . . . more