Best Buy Profit Tops Estimates; Warns Weaker Days Ahead
Best Buy Co., Inc. (NYSE:BBY) reported a loss in its fiscal 2014 first quarter. The retail chain warned of hurdles ahead for the coming quarter.
The big-box retailer of electronics gear posted adjusted diluted earnings per share of $0.32 and $9.38 billion in revenues. Best Buy posted an EPS of $0.76 on revenues of $10.37 million in the same period a year . . .
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