While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook.
on Tuesday surpassed Wall Street's quarterly sales expectations, but tempered expectations for the rest of the year as it feels the lull of post-pandemic spending on home appliances, computer monitors and other electronics.
Here's how the company did for the fiscal second quarter, compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $9.58 billion vs. $9.52 billion expected Best Buy's net income for the three-month period that ended July 29 fell to $274 million, or $1.25 per share, from $306 million, or $1.35 per share,
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