Best Buy (BBY) Reports 6.5% Decline in Comps During December; Narrows FY09 Guidance
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Price: $85.89 +0.19%
Revenue Growth %: +1.1%
Financial Fact:
Diluted (in shares): -647M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Revenue Growth %: +1.1%
Financial Fact:
Diluted (in shares): -647M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Best Buy Co., Inc. (NYSE: BBY) reports sales rose 4% to $7.5 billion in December, with same store sales down 6.5% during the month.
Best Buy narrows its FY09 EPS guidance from $2.30-$2.90 to $2.50-$2.70, which compares to the Street estimate of $2.61.
Best Buy Co., Inc., together with its subsidiaries, operates as a specialty retailer of consumer electronics, home office products, entertainment software, appliances, and related services primarily in the United States, Canada, and China.
Best Buy narrows its FY09 EPS guidance from $2.30-$2.90 to $2.50-$2.70, which compares to the Street estimate of $2.61.
Best Buy Co., Inc., together with its subsidiaries, operates as a specialty retailer of consumer electronics, home office products, entertainment software, appliances, and related services primarily in the United States, Canada, and China.
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