Best Buy earnings, sales top Street estimates; retailer raises full-year outlook

Best Buy earnings, sales top Street estimates; retailer raises full-year outlook

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/08/29/best-buy-q2-2017-earnings.html

Best Buy reported second-quarter earnings and sales on Tuesday that topped analysts' expectations. Looking ahead, the company has also raised its revenue outlook for the full year and is calling for continued consumer "momentum."

The Minnesota-based retailer said stronger shopper demand for its technology products, such as smartphones and wearable devices, boosted its sales at established stores over the period.

Best Buy earnings, sales top Street estimates; retailer raises full-year outlook

Aug 29, 2017, 12:12pm UTC
https://www.cnbc.com/2017/08/29/best-buy-q2-2017-earnings.html >Best Buy reported second-quarter earnings and sales on Tuesday that topped analysts' expectations. Looking ahead, the company has also raised its revenue outlook for the full year and is calling for continued consumer "momentum." >The Minnesota-based retailer said stronger shopper demand for its technology products, such as smartphones and wearable devices, boosted its sales at established stores over the period.