Retail Earnings Round Up: BBY, EXPR, WSM, AZO, RL

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HFA Staff
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Today was an important day in earnings for the retail sector. Here’s a round up of some of the retailers that announced their earnings earlier today. Best Buy Co., Inc. (NYSE:BBY) announced a fall in profits of around 26% as restructuring costs hit the company’s bottom line. The firm earned $158 million or 46 cents per share in the period. In the first quarter of last year the company earned $212 million. Excluding the one time charges associated with restructuring the company earned 74 cents per share. Revenue at the firm was up slightly to $11.6 billion. The company managed to top analysts…

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