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Best Buy stock drops as it posts broad sales decline for Q3

Yahoo Finance
Summary
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85% Informative

Best Buy posted mixed results with net sales that came in lower than expected Best Buy's le BBY am Q3 in at $9.76 billion, lower than the $10.90 billion exp more than 4% : early Tuesday recent macro environment, consumer demand has been even more uneven and difficult to predict" Analysts: Consumers are pulling back on discretionary goods. @BrookeDiPalma $9.76 billion r $9.90 billion Feed_highLightText__NxlGi">Yahoo Finance Brooke DiPalma last year 1.90% htText__NxlGi">Barry Corrie Barry ummaryFeed_highLightText__NxlGi">the early weeks year the the past several quarters lass="summaryFeed_highLightText__NxlGi">Barry the coming years next year two years the 4.5% to 6.0% 6.0% to 7 Best Buy n> Bloomberg hLightText__NxlGi">$43.8 billion 1.29 $44.5 bil 1.18 $9.76 billion highLight 9.90 __NxlGi">between US 43.1 billion to $43.7 billion -8.20% tText__NxlGi">the year20.60% 5.67% summaryFeed_highLightText__NxlGi -9.50% 12 month -6.00% ng in Janu Computing /span> -6.40% ghtText__NxlGi">fiscal 20 -1.90% an> 4.19% s="summaryFeed_highLight Q3 xt__N 4% Gi">Barr year-over-year n clas CFO s Matthew Bilunas LightT nearly $600 million a few days later ext__NxlGi">Our last year Q3 LightText__NxlGi">a year 4% mmaryFeed_highLightText__NxlGi">around 15 to 20 24 _NxlGi"> this past year > nearly 100 d_highLightText approximately 10% five years

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89

Informative language

89

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84

Article tone

informal

Language

English

Language complexity

53

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Time-value

short-lived

Source diversity

1

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