Best Buy had another dismal quarter, posting a $10 million loss just as the crucial holiday season revs up. Adjusted for restructuring charges, the company earned 3 cents per share, below expectations. Revenue fell 4 percent to $10.75 billion. The results were “clearly unsatisfactory,’’ said chief executive Hubert Joly, the turnaround expert who was hired in August to lead Best Buy.
Best Buy reports 3d-quarter loss, stock falls
November 21, 2012
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢