Best Buy Posts Unexpected Drop In Same-Store Sales
The company’s shares fell more than 9 percent in premarket trading. Best Buy Co In (BBY. N), the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on Wednesday, hurt by weak demand for tablets, gaming consoles, wearable devices and mobile phones. The company’s sales at stores open for more than … Read more