Downturn, What Downturn As Best Buy Leads Out Strong Retail Results
Best Buy(BBY) Forbes·2024-08-30 18:04
Best Buy beat earnings expectations for the second quarter. (Photo by Bruce Bennett/Getty Images)Getty ImagesIn an unreliable world, the one place you can place your money is on the fact that the American consumer gonna keep on spendin’.Come hell or high water, U.S. shoppers continue to shop and they have propped up the retail industry during some tough times. And it seems 2024 is no exception.This week consumer electricals giant Best Buy reported better-than-expected earnings and sales for its second quart ...