Best Buy posts surprise rise in quarterly sales
ReutersMar 4, 2025 12:03 PM
March 4 (Reuters) - Best Buy BBY.N posted a surprise rise in quarterly comparable sales on Tuesday, as customers took advantage of holiday promotions to snap up high-end appliances and gaming consoles.
The top U.S. electronics retailer's fourth-quarter comparable sales rose 0.5%, snapping 12 straight quarters of declines. Analysts on average had expected a 1.33% drop, according to data compiled by LSEG.
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