Shelly Palmer Blog | Best Buy shares fall after second-quarter sales miss and looming tariffs on core products weigh on stock | TalkMarkets
Host of Fox TVs "Shelly Palmer Digital Living"
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio ...more

Best Buy shares fall after second-quarter sales miss and looming tariffs on core products weigh on stock

Date: Thursday, August 29, 2019 1:07 PM EDT

CNBC is reporting, “Best Buy shares fell 6.5% after its second-quarter revenue and same-store sales growth missed analysts’ expectations and upcoming tariffs on the company’s core products weigh on the stock.”

Let’s do a poll. Who has purchased anything at Best Buy (or any other brick & mortar electronics store) in the past 12 months?

You got your smartphone from the carrier or DTC from the manufacturer. You bought any accessories you needed online. Unless you were in dire need of printer ink or a charging cable or needed a gift that minute, you had no reason to walk into a store. But enough about me… what about you?

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