Quick hits from Best Buy's (BBY) CC: Backs new CEO Hubert Joly as the turnaround specialist the...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Quick hits from Best Buy's (BBY) CC: Backs new CEO Hubert Joly as the turnaround specialist the company needs. Remains optimistic on margins as a greater mix of smartphones is introduced. Execs paint an ugly picture for international sales growth, particularly China. Sees different strategic plan and new products helping to boost earnings in H2. Shares -9.7% premarket. (webcast) (earnings)