Best Buy CEO Says For Holiday Season Expect Customers To Look For Great Deals And Convenience And Traffic Will Be Weighted Toward Promotional Events
Portfolio Pulse from Happy Mohamed
Best Buy's CEO has stated that customers are expected to look for great deals and convenience during the holiday season, with traffic likely to be weighted towards promotional events.
August 29, 2023 | 12:35 pm
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Best Buy's holiday season traffic is expected to be driven by promotional events, indicating a potential increase in sales.
The CEO's statement suggests that Best Buy is expecting a significant amount of customer traffic during the holiday season, particularly towards promotional events. This could lead to an increase in sales, which would likely have a positive impact on the company's stock price in the short term.
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