Best Buy beats earnings estimates as its sales decline stabilizes
Best Buy (BBY) posted better-than-expected results after a series of disappointing quarters. On Thursday, the company reported revenue of $9.29 billion, compared to estimates of $9.24 billion. Adjusted earnings per share jumped 10% year over year to $1.34, more than the $1.16 anticipated. CEO Corie Barry said in the release that the company’s numbers result … Read more