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BBY / Best Buy shares soar more than 12% as electronics retailer forecasts strong holiday shopping season

Best Buy shares soar more than 12% as electronics retailer forecasts strong holiday shopping season
Best Buy Co Inc (NYSE:BBY) has posted third quarter earnings for 2022 that beat analyst estimates while it raised its full-year guidance for sales, expecting a boost from Black Friday and the upcoming holiday shopping season. The electronics retail chain said its non-GAAP earnings were US$1.38 per share, down from 3Q 2021, but ahead of Wall Street's $1.03 per share estimate. Read More
Posted: Nov 22 2022, 12:28
Author Name: Proactive Investors
Views: 110592

BBY News  

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Best Buy will stop selling DVDs and Blu-rays after the 2023 holiday season

By New York Post
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Best Buy will soon stop selling DVDs

By CNN Business
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Best Buy will soon stop selling DVDs

Grab physical DVDs while you still can. more_horizontal


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