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Tag: Third Quarter

Best Buy Exceeds Third Quarter Earnings Forecast, Yet Shares Fall Amid Fourth Quarter Uncertainty

Best Buy Exceeds Third Quarter Earnings Forecast, Yet Shares Fall Amid Fourth Quarter Uncertainty

Best Buy’s same-store sales soared by 23% while online sales in the country rocketed by 174% in the third quarter. Still, the company’s shares dropped on Tuesday as the company refuses to provide any future guidance.