Best Buy beats earnings forecasts as sales decline stabilizes
Best Buy (BBY) reported 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 rose 10% year over year to $1.34, above expectations of $1.16. CEO Corie Barry said in the press release that the numbers were the […]