Best Buy says softer demand is sticking around, but company isn't planning for a recession - CNBC


5/24/2022 12:00:00 AM2 years 11 months ago
by Melissa Repko

Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.

Best Buy reported lower sales for its fiscal first-quarter and the retailer cut its outlook for the year, citing softer demand that doesn't appear to be letting up. "That trend has continued into th… [+6417 chars]

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