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
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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