Best Buy, a big electronics store, is having a tough time. For three years, its sales haven't grown. They're about to share their latest financial results, and people are worried.
- Sales are expected to be lower than last year.
- Best Buy is hoping new laptops, phones, and AI products will help sales in 2025.
- Competition from other stores like Walmart and Costco is making things hard.
| Item | Expected 4th Quarter | Last Year's 4th Quarter |
|---|---|---|
| Earnings per share | $2.39 | $2.72 |
| Net sales | $13.69 Billion | $14.65 Billion |
| Same-store sales growth | -1.45% | -4.8% |
