Posts Tagged: "big box stores"

Best Buy Co. recently released its financial earnings report for the first quarter of FY2015, which shows signs of life for the brick-and-mortar consumer electronics retailer. Indeed, financial analysts were stunned to see that Best Buy’s adjusted earnings from continuing operations actually rose from 35 cents per share in 2014’s first quarter to 37 cents per share; earnings estimates expected that figure to drop to 29 cents per share. Best Buy also posted a year-over-year increase in domestic revenues of about $100 million, an incredible feat during a year in which e-commerce continued to increase its take to 7 percent of all American retail sales.