Tag: Best Buy’s online sales

E-commerce, Retail Types, Stores

Best Buy tops estimates on strong online sales, but shares fall on lack of holiday forecast

November 24, 2020


Best Buy’s third-quarter earnings soared past Wall Street’s expectations, but shares dropped Tuesday as the retailer warned of headwinds from higher shipping costs, inventory challenges and lower-margin holiday sales. The retailer declined to provide an outlook for the fourth quarter […]