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Sales growth has slowed, and the retailer expects the pace to slow even further as people move their spending away from their homes
25th February 2021 - RICHFIELD, Minn (AP) _ Best Buy Co (BBY) on Thursday reported $ 816 million in net income for the fourth quarter, the Richfield, Minnesota-based company said it had net income of $ 310 per share, which, after adjusting for one-time gains and expenses, was 3 Results Exceeded Wall Street Expectations The average estimate from 11 analysts surveyed by Zacks Investment Research was $ 346 per share, the consumer electronics retailer had sales of $ 1694 billion for the period, and street forecasts missed eight analysts surveyed by Zacks Expected $ 1719 billion for the year, the company reported earnings of $ 18 billion, or $ 684 per share, with sales reported at $ 4726 billion
What to do when PS5 supplies return to Best Buy

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