Best Buy (BBY) continues to struggle with sluggish sales, as consumer demand fizzles after a spike during the pandemic.
Joe Feldman of Telsey Advisory Group wrote in a client note that the laptop segment “has already seen a positive comp (comparable sales) due to the replacement cycle,” adding that he expects more momentum as “new technology hits the market” for back-to-school season.
To view the full article, please click on the following link:
Visit Content