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Best Buy tops expectations in Q1, online revenue and mobile sales up
Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. Revenue came in at $11.6 billion, ahead of analysts’ consensus of $11.52 billion, and non-GAAP earnings came in at $0.72 per share, up 11% from the same quarter in 2011 and beating the Street’s estimates of $0.59 per share ...
news.yahoo.com
Best Buy will keep shrinking stores to grow online
E-commerce sales grew 20% in Q1 while store sales dropped 5%. Given its dismal first quarter performance, Best Buy Co.’s interim CEO Mike Mikan isn’t mincing words about the company’s future.
www.internetretailer.com
Where's Best Buy's Value?
While fumbling around for new strategies, the electronics retailer actually has a greater advantage than most think.
rss.feedsportal.com
Best Buy's Latest Numbers Suggest A Gloomy Outlook For Big-Box Stores
A person walks away from a shuttered Best Buy Store on April 16, 2012 in Chicago, Illinois.
www.huffingtonpost.com
Cramer: Best Buy - Same Store Sales Tell the Story
Jim Cramer explains that same store sales will determine the existence of any retailer and Best Buy's same store sales have been telling a sob story.
thestreet.com.feedsportal.com
Best Buy Tops Expectations But Same-Store Sales Continue To Fall
Shares surge in pre-market trading.
finance.yahoo.com
Best Buy 1Q Net Down 25% On Restructuring, Drop In Same-Store Sales
Best Buy 1Q Net Down 25% On Restructuring, Drop In Same-Store Sales
www.nasdaq.com
Best Buy profit falls, adj. earns tops Street view
Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing a turnaround plan.
news.yahoo.com
Best Buy discounts iPhone 4, sells for $49.99
Best Buy has dropped the price of the iPhone 4 in its store and online to $49.99.
www.latimes.com
/R E P E A T -- Best Buy's Tech it Away program aims to recycle more than 150,000 pounds of E-waste/
Events hosted on May 26 in nine communities across Vancouver , Calgary and Toronto BURNABY, BC, May 16, 2012 /CNW/ - Announcement Highlights:Best Buy Canada is hosting Tech it Away events on Saturday, ...
ca.finance.yahoo.com
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