2020-11-24 07:04:38 BBY Best Buy
11/24/20 11/2407:04 11/24/2007:04 | Best Buy reports Q3 EPS $2.06, consensus $1.70Reports Q3 revenue $11.85B, consensus $11B. Enterprise comparable sales increased 23%. Domestic comparable sales increased 22.6%. "Today, we are once again reporting strong quarterly results in the midst of unprecedented times," said Corie Barry, Best Buy CEO. "Our comparable sales grew a remarkable 23% as we leveraged our unique capabilities, including our supply chain expertise, flexible store operating model and ability to shift quickly to digital, to meet what is clearly elevated demand for products that help customers work, learn, cook, entertain and connect in their homes. The current environment has underscored our purpose to enrich lives through technology, and the capabilities we are flexing and strengthening now will benefit us going forward as we execute our strategy." |
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