Best Buy shares pop as investors bet pandemic gains will outlast fourth-quarter supply chain, staffing hiccups - CNBC


3/3/2022 12:00:00 AM3 years 2 months ago
by Melissa Repko

The retailer's fourth quarter saw low inventory on some popular holiday items and reduced store hours.

Best Buy on Thursday reported fiscal fourth-quarter sales that fell short of expectations, as it was hamstrung by supply chain challenges and omicron-related staffing shortages. But the company's sha… [+4131 chars]

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