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August 21, 2012 04:45 pm GMT
Best Buy just released its fiscal Q2 2013 earnings a few moments ago (one day after announcing its new CEO no less), and it looks like the company's financial woes aren't over just yet. The beleaguered electronics retailer reported total revenues of $10.55 billion (down roughly 3% from the year-ago quarter) and adjusted operating income of $124 million, which breaks down to non-GAAP earnings of $0.20/share (down 49% year-over-year).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NxvGZsng0gs/
Best Buy Posts Fiscal Q2 2013 Results, Misses Expectations: $10.55B In Revenues, EPS Of $.20
Best Buy just released its fiscal Q2 2013 earnings a few moments ago (one day after announcing its new CEO no less), and it looks like the company's financial woes aren't over just yet. The beleaguered electronics retailer reported total revenues of $10.55 billion (down roughly 3% from the year-ago quarter) and adjusted operating income of $124 million, which breaks down to non-GAAP earnings of $0.20/share (down 49% year-over-year).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NxvGZsng0gs/
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