More on Best Buy's (BBY) holiday sales: The company notes sales were positive for mobile phones,...

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

More on Best Buy's (BBY) holiday sales: The company notes sales were positive for mobile phones, tablets, and e-readers but that sales in entertainment, TVs, and computing declined. Comparable store sales globally fell 6.4% Y/Y with results in Canada and China both trailing off. For FY13, the company lowers its 2013 free cash flow estimate to $500M due to new factors and says accounts payable as a percentage of inventories will be lower. BBY -2.6% premarket.