Best Buy Says Margin Will Be Lower Than Anticipated: Video
Bloomberg
Dec. 15, 2009. 01:31 PM EST
Dec. 15 (Bloomberg) -- Best Buy Co., the largest electronics retailer, said its fourth-quarter gr... More »
Dec. 15 (Bloomberg) -- Best Buy Co., the largest electronics retailer, said its fourth-quarter gross margin will be lower than it anticipated as the chain relies on less profitable notebook computers and televisions to drive sales. The stock fell the most in 10 months in New York trading. Bloomberg's Gigi Stone reports. (Source: Bloomberg) « Less
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