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More on Best Buy's (BBY) Q4: Comparable-store sales grew 0.9% during the period and online sales... (BBY)

More on Best Buy's (BBY) Q4: Comparable-store sales grew 0.9% during the period and online sales saw a healthy double-digit kick as the retailer regained some of its footing. Though the results showed improvement, the calendar also worked in the retailer's favor during the quarter with a shift for pre-Super Bowl sales into Q4. Adjusted free cash flow came in at $965M vs. recent guidance of $500M. The company says it won't issue any guidance for FY14, but notes it expects $700M-$800M in capital spending. BBY +5.6% premarket. (PR)
Comments (2)
  • bhans007
    , contributor
    Comments (2) | Send Message
     
    If the states get their act together and start collecting sales tax that will be another bump for BBY. Now only it would benefit the state coffers but take an edge away from the online sellers that do not collect the tax.
    1 Mar 2013, 08:41 AM Reply Like
  • ML610
    , contributor
    Comments (87) | Send Message
     
    oh wow...they're not dead yet???
    1 Mar 2013, 09:37 AM Reply Like
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