_best-buy39s-q1-earnings-disappoint-on-revenue-miss-amid-soft-demand-for-consumer-electronics.jpg "Best Buy's Q1 Earnings Disappoint on Revenue Miss Amid Soft Demand for Consumer Electronics from miss mallige movie Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:32
👁 View: 260K times
✓ Published: 31-May-2024
👁 View: 260K times
✓ Published: 31-May-2024
Description:
Best Buy reported fiscal first quarter earnings that missed revenue estimates but beat on EPS and reaffirmed full-year guidance. Comparable sales and online sales fell over 6% overall as demand for consumer electronics remained soft. Profits were supported by cost-cutting measures like layoffs and trimmed capital expenditures. The company expects sales trends to improve over the next 3 quarters gradually but macro headwinds from inflation remain a challenge. Shares jumped 10% on the results.
Best Buy reported fiscal first quarter earnings that missed revenue estimates but beat on EPS and reaffirmed full-year guidance. Comparable sales and online sales fell over 6% overall as demand for consumer electronics remained soft. Profits were supported by cost-cutting measures like layoffs and trimmed capital expenditures. The company expects sales trends to improve over the next 3 quarters gradually but macro headwinds from inflation remain a challenge. Shares jumped 10% on the results.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_full-movie-124-miss-mallige-bhojpuri-dubbed-124-roopa-nataraj-124-rajan-shetty.webp "Ultra Cinema")
⏲ 1 hour 36 minutes 10 seconds 👁 6.9M
_we-rewatched-39chicago-p-d-39s39-first-big-upton-episode-and-we39re-really-going-to-miss-tracy-spiridakos.webp "\")
⏲ 1:6 👁 12.7M
_miss-malliga-full-movie-hd-new-tamil-movies-latest-exclusive-movie-hd-tamil-dubbed-movies.webp "Jolly Cinemas")
⏲ 1 hour 35 minutes 10 seconds 👁 44.3K
_nava-bharathi-124-kannada-superhit-full-movie-124-sourav-124-ushakiran-124-namitha-124-kannada-full-movie.webp "Kannada Latest Movies")
⏲ 2 hours 16 minutes 41 seconds 👁 19.8K
_miss-malliga-124124-malayalam-124124-release-movie-124124-roopa-nataraj-ranjan-shetty-movie-hd.webp "Realmovies")
⏲ 1 hour 44 minutes 30 seconds 👁 1.3K
_maathaad-maathaadu-mallige-full-kannada-movie-hd-124-vishnuvardhan-sudeep-suhasini.webp "Kannada Movie Junction")
⏲ 2 hours 32 minutes 32 seconds 👁 1.2M
_end-annual-heartache-of-top-indian-spm-scorers-govt-urged.webp "With SPM results announced today, two senators fear top scorers from the community may miss out on matriculation spots again.<br/><br/><br/>Read More: <br/>https://www.freemalaysiatoday.com/category/nation/2024/05/27/end-annual-heartache-of-top-indian-spm-scorers-govt-urged/<br/><br/>Laporan Lanjut: <br/>https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/05/27/henti-seksaan-jiwa-pelajar-india-cemerlang-spm-kerajaan-digesa/<br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #IndianStudents #SPMScores #MatriculationSeats")
_story-of-admission-agency-rakesh-124-gk-voice-kannada.webp "GK Voice Kannada")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_full-movie-124-miss-mallige-bhojpuri-dubbed-124-roopa-nataraj-124-rajan-shetty.jpg)
_we-rewatched-39chicago-p-d-39s39-first-big-upton-episode-and-we39re-really-going-to-miss-tracy-spiridakos.jpg)
_miss-malliga-full-movie-hd-new-tamil-movies-latest-exclusive-movie-hd-tamil-dubbed-movies.jpg)
_nava-bharathi-124-kannada-superhit-full-movie-124-sourav-124-ushakiran-124-namitha-124-kannada-full-movie.jpg)
_miss-malliga-124124-malayalam-124124-release-movie-124124-roopa-nataraj-ranjan-shetty-movie-hd.jpg)
_maathaad-maathaadu-mallige-full-kannada-movie-hd-124-vishnuvardhan-sudeep-suhasini.jpg)
_end-annual-heartache-of-top-indian-spm-scorers-govt-urged.jpg)
_story-of-admission-agency-rakesh-124-gk-voice-kannada.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}