homeWelcome, sign in or click here to subscribe.login




Subscriber content preview

May 26, 2023

Best Buy posts mixed 1Q results

NEW YORK (AP) — Best Buy turned in a first-quarter profit that beat Wall Street expectations, while the nation's largest consumer electronics chain continued to wrestle with weak consumer demand for gadgets.

But the Minneapolis-based chain predicted on Thursday that the slump in consumer electronics will bottom out by year-end as customers who bought gadgets at the onset of the pandemic will start to update their devices.

. . .

To read this story in full login or purchase a subscription.

Email or user name:
Forgot password? Click here.