08-23-2012, 11:00 AM
<!-- m --><a class="postlink" href="http://www.washingtonpost.com/business/economy/best-buy-suspends-forecast-as-second-quarter-profit-plunges/2011/04/07/gJQAOa76CY_page.html">http://www.washingtonpost.com/business/ ... _page.html</a><!-- m -->
91% drop in a year, that is impressive.
Quote:Net income fell 91 percent to $12 million, or 4 cents a share, from $128 million, or 34 cents, a year earlier, the Richfield, Minnesota-based company said today in a statement. Excluding restructuring charges and other items, profit was 20 cents a share. Analysts’ average estimate was 31 cents.
91% drop in a year, that is impressive.