Best Buy shares leap as results outpace expectations

  • Article by: Thomas Lee
  • Updated: August 20, 2013 - 3:48 PM

Sales improve but remain relatively weak as the company seeks to match competitors’ prices and boost traffic through partnerships with Samsung and Microsoft.

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reetnhAug. 20, 13 8:24 AM

Keep it up BB!

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az2010Aug. 20, 13 9:45 AM

Layoff another 1500 people at corporate and then maybe your stock price will hit $60 and Jolly can get a performance bonus.

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wysiwyg77Aug. 20, 1310:05 AM

Not paying a living wage for the Blue Shirts in the stores helps their bottom line also.

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cavellAug. 20, 1310:14 AM

Downward trend is starting to level off? Woohoo.

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cavellAug. 20, 1310:16 AM

BB stock was $17 in 2002. Than it hit 50 2 yrs later, and $10 last year. Stability?

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decembersueAug. 20, 1310:20 AM

Some of this may be Amazon's rising prices. The only benefit they seem to have at this point is the tax advantage, which hopefully will be eliminated in the next couple of years. wysiwyg77, true, but at least by next year the blue shirts will have health insurance.

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dlzabzAug. 20, 13 2:15 PM

I want low prices, selection and I want you to pay your low-line workers a living wage. Guess what people, pick 2 you can't have all 3.

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bcarsonmplsAug. 20, 13 4:06 PM

I wonder how Best Buy will do after this endless stream of free publicity ends?

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