Best Buy forecasts upbeat sales on steady gadgets demand, ads and marketplace growth
Răzvan Țupa
May 28 : U.S. electronics retailer Best Buy forecast second-quarter sales above Wall Street expectations after beating Q1 estimates on Thursday, amid steady demand for laptops and smartphones and growth in its ads and marketplace channels. CEO Corie Barry is set to step down at the end of October and will be succeeded by Jason Bonfig, a company veteran who is expected to focus on expanding its higher-margin advertising and marketplace businesses. Shares of the company, which are down about 10
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