Best Buy earnings: Retailer becomes latest to badly whiff on profits as recession fears rise - Yahoo Finance


7/27/2022 12:00:00 AM2 years 9 months ago
by Brian Sozzi

Best Buy serves up a stinker of a quarter as consumers pull back on discretionary purchases.

Best Buy has become the latest big-name retailer to badly overestimate consumer demand as recession fears mount and shoppers pullback on discretionary purchases. The electronics retailer slashed bot… [+2607 chars]

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