Best Buy's quarterly sales fall 2.3%

Posted online November 19, 2015 | 12:27 pm

Best Buy Co. Inc. (NYSE: BBY) posted net income of $125 million, a 2.3 percent decrease compared to last year.

The largest t U.S. consumer electronics chain was hurt by weak sales of tablets and mobile phones and lower services revenue.

Revenue dropped to $8.82 billion from $9.03 billion.

Read more from Reuters.

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