Best Buy same-store sales rise 1.1% in Q1

Source: bestbuy, Friday, May 24, 2019

Best Buy has announced results for the 13-week first quarter ended 4 May 2019. Revenue rose to USD9.14 billion, up from USD9.12 billion last year. Overall same-store sales rose 1.1%. Domestic same-store sales rose by 1.3%. The retailer noted strong demand for appliances, wearables and tablets and its subscription-based tech support services.