Best Buy cuts outlook; Sees 'most difficult climate ever seen'

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Best Buy isn?t even coming close to what Wall Street was expecting. The company said earnings would be $3.25 to $3.40 a share in fiscal 2009 with same store sales up 2 to 3 percent. Wall Street was looking for earnings of $3.03 a share.

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As printed, it seems that Best Buy is predicting a major improvement over Wall Street expectations.

Posted by: Anton Philidor   Posted on: 11/12/08 You are currently: a Guest | Members login | Terms of Use

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