Best Buy's Q3 Earnings Miss Estimates, Comparable Sales Dip 2.9% Y/Y
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Best Buy reported weaker-than-expected Q3 fiscal 2025 earnings, with a 2.9% year-over-year decline in enterprise comparable sales.
November 27, 2024 | 1:00 am
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Best Buy's Q3 fiscal 2025 earnings were below expectations, with a 2.9% decline in enterprise comparable sales year-over-year, indicating potential challenges in sales performance.
The earnings miss and decline in comparable sales suggest weaker performance, which could lead to negative sentiment and short-term pressure on BBY's stock price.
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IMPORTANCE 80
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