Best Buy Q2 Profit Tops Estimates; Raises FY22 Enterprise Comps. Growth Outlook

Best Buy Co., Inc. (BBY) said it recorded an operating income growth of 40% year-on-year, and comparable sales growth of 19.6% for the 13-week second quarter ended July 31, 2021. The company noted that customer demand for technology products and services during the quarter remained very strong.

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