Earnings live: Ross Stores stock jumps on upbeat results, CrowdStrike posts slight top- and bottom-line beats

Best Buy (BBY) reported a surprise sales slump in its key holiday shopping season. Same-store sales declined 0.8% in the fourth quarter, the company said Tuesday. Wall Street had hoped for a 0.2% increase after two straight quarters of positive growth. "We continue to see customers who are resilient, but they are definitely deal-focused," Best Buy CEO Corie Barry told Yahoo Finance in a call with reporters. Best Buy expects first quarter same-store sales to return to growth, rising 1%. Barry said more t ...

Earnings live: Ross Stores stock jumps on upbeat results, CrowdStrike posts slight top- and bottom-line beats - Reportify