Best Buy Posts Quarterly Profit Increase
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Top U.S. electronics chain Best Buy Co. Inc.  on Wednesday reported higher quarterly profit due to expense control and higher gross margins, offsetting sluggish sales growth.
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Best Buy Co Inc. BBY.N on Tuesday   said its quarterly profit rose 22 percent, boosted by new store   openings and sales of high-priced electronics, like flat-panel   televisions.
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Best Buy Co. Inc.  reported lower-than-expected quarterly profit on Tuesday as the consumer electronics retailer cut prices on flat-panel TVs to boost sales at the start of the holiday shopping season, sending its shares down 5 percent.
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General Electric Co., the world&#39;s largest company by market value, said third-quarter profit rose 11 percent as acquisitions and economic growth spurred the biggest quarterly sales increase in four years.
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Electronic Data Systems Corp. reported a  higher quarterly profit on Wednesday, boosted by a surge in new  orders for its technology services.
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Top U.S. consumer electronics retailer Best Buy Co. Inc.  on Tuesday posted a weaker-than-expected quarterly profit, dragged down by sales of lower margin products such as notebook computers and video game consoles.
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Best Buy Co., the world&#39;s largest electronics retailer, said third-quarter earnings rose 21 percent, boosted by sales of digital televisions, cameras and MP3 music players.
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Best Buy Co. Inc. BBY.N on Tuesday   reported a higher-than-expected quarterly profit, boosted by   new store openings and sales of high-priced electronics, easing   fears that consumers were pulling back on spending.
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Best Buy Company Inc., the nation&#39;s largest electronics retailer, said on Wednesday that third-quarter earnings rose 21 percent, but gave hints that profits during the holiday selling season may not be quite what analysts were hoping for.
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Wal-Mart Stores Inc., the world&#39;s biggest retailer, posted a higher quarterly profit Tuesday, in line with Wall Street expectations, and said it was optimistic about the rest of the year.
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Best Buy Co Inc. BBY.N on Tuesday   said quarterly profit rose 22 percent, boosted by new store   openings and sales of high-priced electronics, like flat-panel   televisions.
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Best Buy Co. Inc. BBY.N, the  nation's top electronics retail chain, posted a 21 percent rise  in quarterly profit on Wednesday, slightly above expectations,  and said the holiday shopping season was even more competitive  than last year.
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Tribune Co.  reported a better-than-expected rise in quarterly profit on Thursday helped by an extra week in the quarter that boosted advertising revenue at the company's newspapers.
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Retailer Best Buy Co  reported better-than-expected quarterly earnings on Tuesday, helped by strong international results and demand for notebook computers, flat-panel televisions and video games, pushing its shares up about 5 percent.
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Anheuser-Busch Cos Inc  said on Thursday that quarterly profit rose, as the brewer sold more beer despite the slowing economy.
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Best Buy said its comparable-store sales rose 1.5 percent in December on strong sales of video games and notebook computers.
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Best Buy Co Inc  cut its fiscal  2008 profit outlook on Friday, blaming in part  lower-than-expected sales growth in January.