5 Key Numbers From Best Buy's Blockbuster Earnings Report
While many retailers are struggling to attract shoppers to their stores, consumer electronics retailer Best Buy (NYSE: BBY) seems to have cracked the code. Best Buy blew past analyst estimates for both revenue and earnings when it reported its second-quarter results before the market opened Tuesday. Comparable sales grew at the fastest rate in a long time, online sales growth accelerated, and profits soared.
There's a lot to digest in Best Buy's report, but here are five key numbers that investors should focus on.
Source: Fool.com
Best Buy Co. Stock
With 20 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 76 € there is a slightly positive potential of 8.73% for Best Buy Co. compared to the current price of 69.9 €.