Best Buy narrows sales outlook after comparable growth of 1.6% in July quarter

Friday 30 August 2019 | 11:05 CET | News
US retailer Best Buy narrowed its full-year sales growth outlook, while increasing its forecast for earnings in the fiscal year. This follows sales on the low end of its outlook for the July quarter and better-than-expected earnings for the period. The  new outlook takes into account the US's increased import tariffs on certain Chinese goods as well as the uncertain economic climate and its impact on consumer spending. 

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Categories: General
Companies: Best Buy
Countries: United States
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