Best Buy Co. (BBY), the nation's largest electronics retailer, Friday said December same-store sales rose 7%, boosted by heavily discounted sales of flat-panel television sets and sales of digital music players.
Revenue for the five weeks ended Dec. 30 rose 15% to $6.6 billion, compared with $5.7 billion for the fiscal month ended Dec. 31, 2005, the Minneapolis company said.
Best Buy projects fiscal 2007 per-share earnings of $2.70 to $2.80.
The mean estimate of analysts surveyed by Thomson First Call is for 2007 earnings of $2.75 a share.
In premarket trading, Best Buy shares were up 4.3% to $52.
I'm currently in the FEB '07 $47.50 Calls...
Up 6%
My Futures Trading will resume very shortly...I'm excited!
More to Come.
1 comment:
Cal,
Great site. Love the futures trading video. I also started a blog basically about daytrading. Wondering if you could link me? The address is: http://www.bvitha.wordpress.com
Thanks
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