Earnings Results: Best Buy’s stock slides as retailer lowers guidance to reflect uneven and uncertain environment

Earnings Results: Best Buy’s stock slides as retailer lowers guidance to reflect uneven and uncertain environment

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Best Buy Co. Inc.’s stock BBY fell 4% in premarket trade Tuesday, after the electronics retailer posted weaker-than-expected third-quarter revenue and lowered guidance to reflect a choppy and uncertain environment. The company had net income of $263 million, or $1.21 a share, for the quarter, down…

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