Consumer Nation
Publishing timestamp: 2013-05-21 17:50:12
Summary
Best Buy's first-quarter results show a decline in stock price, but early positive signs that initiatives are resonating with consumers. Despite challenges, CEO Hubert Joly remains focused on turning around the downward trend. The company is working on reinvigorating consumers with initiatives like the Samsung Experience shops and tracking consumer satisfaction. Financial results are mixed, with some positive surprises compared to analyst forecasts. Joly remains optimistic about the state of the U.S. consumer market.
Sentiment: MIXED
Tickers: BBY,
Keywords: retail industry, business news, best buy co inc,
Source: https://www.cnbc.com/2013/05/21/best-buy-ceo-sees-turnaround-within-his-control.html