Finanzas: Best Buy soars after profit impresses

 

Best Buy (NYSE:BBY) reports comparable sales increased 0.8% in Q2.

The retailer saw domestic comparable online sales spike 24% during the quarter.

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International revenue was down 1%.

LEA TAMBIÉNFinanzas: B&G Foods Raising Cash For Next Acquisition

Best Buy pulled tight on spending in Q2, with SG&A expenses as a percentage of sales down 30 bps to 20.8%.

Best Buy raises its outlook for Q3 EPS to $0.43 to $0.47 vs. $0.45 consensus.

BBY +15.12% premarket to $37.76.

Fuente: Seeking Alpha


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