While announcing its second-quarter results, Best Buy Co., Inc. (BBY) said it narrowed its fiscal year 2024 non-GAAP earnings per share guidance. The company expects its third quarter comparable sales to be slightly better than the negative 6.2% it reported for the second quarter and its non-GAAP operating income rate to be approximately 3.4%.
The company lowered the high-end of its full year revenue outlook to its previous midpoint, while keeping the low-end of its revenue guidance unchanged.
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