Is it wrong for me to think that my weekend purchases at Best Buy helped in some aspect?
Retailer Best Buy Co (BBY.N) reported better-than-expected quarterly earnings on Tuesday, helped by strong international results and demand for notebook computers, flat-panel televisions and video games, pushing its shares up about 5 percent.
The company also raised the low end of its full-year profit forecast.
The results were “a reversal from (the first quarter’s) disappointing results and a testament to Best Buy’s strong execution and ability to course-correct rapidly,” Sanford Bernstein analyst Colin McGranahan said in a research note.
[Source: Reuters via Yahoo News!]
Sphere: Related Content



