Best Buy may end up singing the price-cutting blues
Best Buy also reported Q3 revenue of $8.47 billion compared to the Reuters consensus estimate of $8.45 billion. Wall Street quickly punished the stock Tuesday, sending shares down 4% or $2.20 lower to $51.70 in early afternoon trading.
Circuit City and Best Buy can weather tough retail times better
While I don't believe in fat-margin junk that these chains push, like extended warranties, people will continue to succumb to goofy and misleading sales pitches to buy them and feel secure in the waste they generate.
Cramer says Nucor, Best Buy weighing market down on STOP TRADING
Filed under: Analyst reports, Television, Best Buy (BBY), Nucor Corp (NUE) He picked out Nucor Corporation (NYSE:NUE) and Best Buy Co.,Inc. There is a private equity "put" (meaning they will buy anything weak) and a weak dollar
Best Buy's 3Q profits below expectations, stock slides over 5%
Filed under: Earnings reports, Bad news, Products and services, Best Buy (BBY). The largest consumer electronics retailer in the US, Best Buy Co., Inc. Yep -- that is exactly what happened in Best Buy's most recent quarter.
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