The company raised its comparable sales outlook to a range of 10.5% to 11.5%.
"We are definitely seeing more and more organized retail crime and incidence of shrink in our locations," Best Buy CEO Corie Barry said.
Best Buy Co. Inc. beat fiscal third-quarter Street expectations, but results were no match for investor and analyst expectations.
Best Buy Co., Inc. (BBY) CEO Corie Barry on Q3 2021 Results - Earnings Call Transcript
Best Buy (BBY) third-quarter results reflect enterprise comparable sales increase of 1.6%. Management envisions enterprise comparable sales growth of 10.5-11.5% for fiscal 2022.

Why Best Buy Shares Are Falling Today

11:52am, Tuesday, 23'rd Nov 2021
Best Buy Co Inc (NYSE: BBY) is trading significantly lower Tuesday after the company announced its fiscal 2022 third-quarter financial results and issued comparable sales guidance below expectations.
The Nasdaq is currently mirror-imaging the Dow, -40 points while the S&P 500 represents the fulcrum: unchanged in the pre-market session.
CNBC's Jim Cramer and the 'Squawk on the Street' team discuss shares of Best Buy, Chegg, Dick's Sporting Goods and more ahead of the market open.
Best Buy (BBY) stock is taking a beating on Tuesday despite the company beating estimates in its most recent earnings report. The post BBY Stock Alert: Why Best Buy Investors Are Getting Battered Toda
Can these retailers maintain their current momentum this quarter?
She said employees may be more likely to quit after feeling traumatized or scared by the thefts.
Yahoo Finance's Julie Hyman and Brian Sozzi discuss the market reaction to Best Buy earnings after the company forecast a weaker holiday season. Don't Miss: Valley of Hype: The Culture That Built Eliz
Small-format locations, outlets, virtual stores and an increased presence in the healthcare category are among the initiatives that Best Buy executives say will carry the electronics retailer into the
Best Buy (BBY) delivered earnings and revenue surprises of 6.67% and 1.75%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
The stock price of Best Buy Co Inc (NYSE: BBY) fell by over 14% pre-market today. This is why it happened.
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