Best Buy's earnings fall in first quarter, after initial sales surge during pandemic

Deutschland Nachrichten Nachrichten

Best Buy's earnings fall in first quarter, after initial sales surge during pandemic
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

The retailer had a surge of sales during the early weeks of the pandemic, but later furloughed about 51,000 employees and took other cost-cutting measures.

Best Buy had a wave of sales early in the coronavirus pandemic, as customers bought kitchen appliances, computer monitors and other items to help them set up home offices and settle in for long stays at home.In May, the company began reopening some of its stores to customers -- but only by appointment.

The company's revenue fell to $8.56 billion, from $9.14 billion a year earlier, beating analysts' estimate of $8.16 billion.The retailer had

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CNBC /  🏆 12. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

The 24 Best Brands to Buy Now, Pay LaterThe 24 Best Brands to Buy Now, Pay LaterAfterpay, QuadPay and Klarna are changing the way we shop.
Weiterlesen »

The 31 best appliances to buy on sale for Memorial DayThe 31 best appliances to buy on sale for Memorial DayWhile buying an appliance online might seem daunting, it can actually be a good way to compare prices and find the best bargains.
Weiterlesen »

Coronavirus investing tips, what to buy for crisis recovery: BlackRock - Business InsiderCoronavirus investing tips, what to buy for crisis recovery: BlackRock - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »

Casey Wasserman in Talks to Buy Paradigm Agency Music AssetsCasey Wasserman in Talks to Buy Paradigm Agency Music AssetsCasey Wasserman, the sports and entertainment entrepreneur who is the grandson of legendary talent agency mogul Lew Wasserman, is in talks to acquire the music assets of Paradigm agency, which has …
Weiterlesen »

You Can Buy CBD Skincare at SephoraYou Can Buy CBD Skincare at Sephora6 of the Best CBD Skincare Products You Can Buy at Sephora
Weiterlesen »

Face Masks For Kids You Can Buy Online (In Fun Prints And Colors)Face Masks For Kids You Can Buy Online (In Fun Prints And Colors)Keep children and others safe with face masks your kids will actually want to wear.
Weiterlesen »



Render Time: 2025-04-07 05:20:05