Best Buy profits surge 52% in twisted CompUSA schadenfreude
Filed under: Misc. Gadgets
Like a boot to CompUSA’s hemorrhaging intestine, Best Buy just announced a 52-percent jump in third quarter profits. The nation’s consumer electronics giant received a favorable bump in sales due to a calendar fluke which plopped an additional week of post-Thanksgiving shopping in Q3. Gains that will likely be given back in the shorter Q4 holiday season.
Still, with universal sales (Canada and China) up 32%, Best Buy is looking solid to close the year ahead of analyst expectations. That should translate to more Geek Squad jobs for whatever that’s worth.
Read | Permalink | Email this | Comments
Original post by Thomas Ricker
Related Articles
Deal of the day: $50 Sirius gift card for $55 CompUSA update: Tiger Direct retail locations to assume CompUSA name Systemax salvages CompUSA grade, website, and up to 16 stores CompUSA employees adopt subtle, dignified method of saying farewell CompUSA Carries HTC Touch Diamond CompUSA sends out layoff letters: poor service extends to employees, too Poll: How will the CompUSA closings affect you as an Apple user Jabra stereo-Bluetooth headset cuts the cord for $37.99 Surge Protector Gets The knowledge Across USB Surge Protector is Eco Friendly
No comments yet. Be the first.
Leave a reply
















