Best Buy's (BBY -2.2%) Analyst and Investor Day came and went without any major fireworks getting lit off. Though the company set an aggressive goal of tripling its operating margin over time, the how and when of the proposition was left murky. Echoing the thoughts of incoming CFO Sharon McCollam, execs at the event highlighted that online conversion rates need to be raised dramatically. The quote of the day came from CEO Hubert Joly: "I am already sick and tired of negative comps." (webcast, slides)
Best Buy's (BBY -2.2%) Analyst and Investor Day came and went without any major fireworks...
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Symbol | Last Price | % Chg |
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BBY | - | - |
Best Buy Co., Inc. |