The consumer electronics retailer, which has been a pandemic beneficiary, gave a weaker-than-expected outlook for the coming year.
Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders.on Thursday fell short of Wall Street's fourth-quarter sales expectations, as it ran low on some popular holiday items and reduced store hours because of omicron-related staffing shortages.
Here's how the company did for its fiscal fourth quarter of 2022, ended Jan. 29, compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:$16.37 billion vs. $16.6 billion expected Excluding items, it earned $2.73 per share, matching the $2.73 expected by analysts surveyed by Refinitiv.
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