Strong sales of mobile phones, tablets and headphones helped retailer Best Buy post quarterly profit and sales that beat expectations
) forecast largely lower-than-expected annual profit and sales on Thursday as electronics makers curb manufacturing due the coronavirus epidemic, sending the shares down 4%.
In mainland China, electronics manufacturers are grappling with a logistical nightmare as many of the workers they depend on cannot return to work, hindered by travel and quarantine restrictions. “This is a very fluid situation, which makes it difficult to determine exact financial impacts from disruptions in supply chain,” Best Buy Chief Executive Officer Corie Barry said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Best Buy shares up as earnings top estimates, driven by strong holiday salesBest Buy's fourth-quarter results exceeded analysts' expectations, driven by strong sales gains over the holidays.
Les mer »
Best Buy beats broader holiday season blues with strong online salesStrong online sales of mobile phones, tablets and headphones helped Best Buy Co ...
Les mer »
Every electric car you can buy right now, from least to most expensive - Business InsiderThere are more than a dozen different mass-production electric models on the US market, ranging in cost from around $30,000 to more than $200,000.
Les mer »
Michelle Pfeiffer, David E. Kelley Buy $22 Million Westside L.A. EstateMichelle Pfeiffer is putting all of her trademark white gold out on public display, as Bruno Mars might note. The iconic actor (“Scarface,” “Grease 2,” “The Fabulous B…
Les mer »
Column: Placido Domingo has apologized, but I do not buy itAfter more than a year of blunt denial, Placido Domingo 'apologized,' apparently for not understanding that even he had to abide by basic moral and professional codes.
Les mer »