TribLive Logo
| Back | Text Size:
https://archive.triblive.com/news/best-buy-income-falls/

Best Buy income falls

Wire Reports
By Wire Reports
1 Min Read Sept. 14, 2011 | 15 years Ago
| Wednesday, September 14, 2011 12:00 a.m.

Best Buy Co. said on Tuesday its fiscal second-quarter net income fell 30 percent as consumers hit the pause button on buying electronics, particularly TVs and smartphones, while fears about the global economy persist.

Net income fell to $177 million, or 47 cents per share, for the three months ended Aug. 27, down from $254 million or 60 cents, last year. Revenue edged up to $11.35 billion from $11.34 billion.


Copyright ©2026— Trib Total Media, LLC (TribLIVE.com)