Best Buy Co. continued benefiting from online sales and items that help consumers work, learn and cook from home during the coronavirus pandemic, pushing sales up 21% in the latest quarter.

The retailer on Tuesday reported $11.85 billion in third-quarter sales, up from $9.76 billion in the same three months last year and beating Wall Street estimates. Comparable online sales nearly tripled in the U.S., its largest market.

Domestic…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Fiat Chrysler Post Record Third-Quarter Profits, Reinstates Full-Year Guidance

Fiat Chrysler Automobiles NV posted record operating profits in the third-quarter, riding…

A Texas woman is accused of offering a migrant a ride and then holding her baby for ransom for months

A Honduran national who crossed the border into the U.S. told police…

Did Hurricanes Sandy or Ida Damage Your Housing? We Want to Hear From You.

As the 10-year anniversary of Hurricane Sandy approaches, we are looking to…

Student debt relief ‘moving full speed ahead’ despite GOP-led lawsuits, education secretary says

Education Secretary Miguel Cardona has said that the Biden administration is “moving…