Best Buy Q2 Earnings Beat: Why the Stock Still Struggles

Best Buy defies expectations with a surprisingly strong fiscal second quarter, exceeding analyst predictions with a net profit of $186 million and revenue of $9.44 billion. Despite the positive results and optimistic outlook for the year, Best Buy's stock price remains under pressure, down 12% year-to-date, leaving investors cautiously watching to see if the electronics retailer can maintain its momentum. Hosted on Acast. See acast.com/privacy for more information.