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Best Buy rallies after earnings to skip past retail sector slump

May 24, 2022 7:20 AM ETBest Buy Co., Inc. (BBY) StockBy: Clark Schultz, SA News Editor8 Comments

Best Buy Acquires Napster For $121 Million

Justin Sullivan/Getty Images News

Best Buy (NYSE:BBY) rallied after edging past consensus marks with its Q1 earnings beat and avoiding rattling investors with its guidance update.

The retailer reported domestic revenue fell 8.7% in Q1 to $9.89B primarily driven by a

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