Best Buy’s holiday sales disappoint, but retailer shows progress in growing profits
Best Buy reported mixed results for the fiscal fourth quarter ended Jan. 31, 2026: holiday-quarter sales declined and missed Wall Street forecasts, but adjusted earnings exceeded expectations as the retailer improved profitability. Net income for the quarter rose to $541 million, or $2.56 per share, from $117 million, or $0.54 a year earlier; adjusted EPS … Read more