Scalper1 News
Best Buy (BBY) stock fell to a 19-month low Thursday after the consumer electronics retailer reported disappointing holiday sales. The Richfield, Minn.-based company said its U.S. sales for the nine-week period ended Jan. 2 fell 0.8% year over year to $10.05 billion. During the same period a year earlier, domestic sales rose 4.1%. Same-store sales fell 1.2% year over year during the holiday season. A year earlier, comparable store sales rose 3.4%, Scalper1 News
Scalper1 News