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Best Buy Earnings Beat Expectations, But Sales Were Light

Sam Ro   

Best Buy Earnings Beat Expectations, But Sales Were Light
Retail1 min read

ps4 best buy line

Kirsten Acuna / Business Insider

Fans wait outside a Best Buy in New Jersey late Thursday for the PlayStation 4 release Friday, November 15.

Best Buy's Q3 earnings came in at $0.18 per share, which was stronger than the $0.12 expected by analysts.

Revenue came in line with expectations at $9.36 billion.

However, comparable store sales were light, climbing just 0.3% during the quarter versus expectations for 0.7% growth.

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