Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?

By |2023-12-07T19:53:35+00:00August 29th, 2023|Categories: Earnings Announcements, Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Best Buy (BBY) reported second-quarter earnings early this Tuesday morning that topped the analysis consensus. And yet, the key takeaway from the earnings call is that the electronics retailer is struggling beneath the surface. After the company strategically set low expectations for this quarter way back in May, the consensus remained low - setting [...]