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Best Buy (BBY) Holiday Comps Fell 1.4%; Cuts FCF Outlook

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Best Buy (BBY) Peers Rise as Glimmer of Hope Shines Through (RSH) (HGG)

January 11, 2013 4:00 PM EST

Shares of Best Buy (NYSE: BBY) swung higher on Friday after the company reported better-than-anticipated holiday sales. Far from being a panacea, results shows flat sales and negative comps, but considering low expectations, investors found reason to cheer.

Best Buy wasnt the... More

Best Buy (BBY) Lives to Fight Another Day

January 11, 2013 8:28 AM EST

(Updated - January 11, 2013 11:37 AM EST)

Today struggling retailer Best Buy (NYSE: BBY) released a highly anticipated and critical reported on 2012 holiday sales. This year the stakes were sky high and so was the competition. For the first time, Best Buy offered in-store and online price matching with Amazon (Nasdaq: AMZN), Wal-Mart (NYSE: WMT) and Target (NYSE:... More