Best Buy Surprising Good Show (BBY)

[24/7 Wall St.]

24/7 Wall St. Daily News

Best Buy Co, Inc. (NYSE: BBY) has just posted earnings. The electronics retail giant posted $0.43 EPS on $8.99 Billion in revenues. First Call had estimates of $0.37 EPS on $8.587 Billion in revenues. The company's same store sales also showed a 3.7% gain. As far as looking ahead, the company sees $3.25 to $3.40 EPS for fiscal 2009 (excluding new venture costs) with a 1% to 3% same store sales growth and revenues are budgeted at $43 to $44 Billion. Those estimates for Fiscal Feb-09 are $3.26 EPS and $43.9 Billion in revenues. Interestingly enough, it looks like its... http://feeds.feedburner.com/~f/typepad/RyNm?i=48IvNI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=48IvNI) http://feeds.feedburner.com/~f/typepad/RyNm?i=QKm91I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=QKm91I) http://feeds.feedburner.com/~f/typepad/RyNm?i=F1WTCi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=F1WTCi)


complete story here... (http://www.247wallst.com/2008/06/best-buy-surpri.html)