Best Buy Q2 earnings top estimates, trims outlook

Yahoo Finance Video
48,435 次觀看・1 年前

Best Buy's (BBY) second-quarter results topped analyst expectations for both revenue and earnings. The company also updated its full-year outlook in which it trimmed its revenue target to between $43.8 billion and $44.5 billion. Best Buy is expecting sales of electronics driven by replacement cycles to rebound, but not until next year. Yahoo Finance Live breaks down which sales categories are driving the changes at Best Buy.