Seeking Alpha

Appliance sellers on watch after Best Buy reports boom in category

  • Appliance sellers can take heart that demand in the U.S. is strong after Best Buy reports it grew sales in the appliance category. by 23.5% in Q3.
  • Though Best Buy was running up against a soft comp, the growth rate is much stronger than anticipated.
  • On watch: HD, LOW, WHR, CONN, HGG.
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