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First quarter sales of Best Buy fall

First quarter sales of Best Buy fall

Retailers are witnessing a surge in sales while also facing higher costs due to the heightened demand. Financial disruptions have been caused due to the coronavirus pandemic resulting in a major change in consumer spending. Despite an initial surge in demand early on, the earnings and revenue of Best Buy fell in the first quarter.

pennydreadful
pennydreadful
Blaeingr
Blaeingr 3 months

Wow, what a revelation! I'm amazed that it didn't fall farther, considering what they sell and the issues with COVID.

Top in Business