Best Buy beats forecasts as it fights to stay afloat
By Associated Press
May 23, 2012
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ASSOCIATED PRESS associated press
Best Buy Co.'s first-quarter profit fell 26 percent on restructuring charges, though its revenue and adjusted earnings beat Wall?Street's expectations. The struggling electronics retailer is trying to survive a changing marketplace. An employee looks over a customer's cellphone contract at a Best Buy in Mountain View, Calif.