Best Buy Beats Expectations, Q3 Sales Surge

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Best Buys Q3 results exceed expectations, with a 2.4% revenue increase to $9.67 billion, surpassing analyst predictions. Non-GAAP profit rose by 6.7% to $1.40 per share. The company raised full-year revenue and adjusted earnings per share guidance, driven by a 2.7% rise in same-store sales. Stock traded up 2.4% to $77.42 post-report.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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