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Tag: Best Buy


Finance

Best Buy says online sales in U.S. surged 242% in second quarter, but shares slide as gains may be short-lived

August 25, 2020

Via: CNBC

Best Buy on Tuesday reported strong second-quarter sales growth, helped by its biggest quarterly increase in online sales ever, as customers bought computers, kitchen appliances and other tech to help them work, cook and attend school at home during the […]


Finance

Best Buy shares soar 15% on surprise rise in same-store sales

August 24, 2016

Via: CNBC

Best Buy reported a much higher-than-expected quarterly profit on strength in health and wearable items like smartwatches, and the largest U.S. electronics retailer raised its earnings outlook, sending its shares up nearly 16 percent. The results bucked a string of […]