Sunday, December 23, 2007

Best Buy's Impressive FY 3Q Performance

The consumer-electronic retailer's profits soared 52% amid strong sales in videogame products, notebook computers, flat-panel TVs, and notebook computers, flat-panel TVs, and computer- and home-theater services. This result highlights the mixed performance among retailers this holiday season. Some benefit as consumers are still buying consumer electronics, gaming-related products, and teen apparel. Meanwhile, chains tied to housing market and women's clothing are struggling.

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