Best Buy’s revenue and earnings per share came in ahead of market expectations so far this year. However, the company’s stock has declined by nearly 30% over the course of this year, despite strong financial results. We have created an interactive dashboard on why Best Buy's stock has declined this year, which outlines the reasons for the decline in Best Buy’s stock price. Weak Q4 ExpectationsFor Q4, Best Buy expects its top line to range between $14.4 billion and $14.8 billion, compared to the consensus estimate of $14.7 billion. In terms of comparable sales, Best Buy has guided for overall comp sales growth of flat to up 3% in Q4.

Source: Forbes December 27, 2018 13:41 UTC