Thursday, November 19, 2015

Best Buy Earnings Review: Further Downside Potential, $BBY, #Earnings

*Further risk potential to margins and sales.
*Cautious comments on holidays.
*Consumer volatility picking up a negative bigger picture indicator.

Best Buy (NYSE:BBY) reported earnings upside versus the street of $.06 but comps were at the low end of planned "0- +LSD" (0-3).


The comments that probably hurt the stock the most were....


Chaim Siegel has been working for hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings, earnings events as well as developing current company and macro stories with a hedge fund perspective. If you want his analysis real time scroll down for real time email alerts.
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