GME - Best Buy Transforming To Its Online Sales
- BBY's revenue growth has been impressive despite discontinuing operations from Mexico.
- Management anticipates that there will be no additional material charges associated with exits in Mexico, as all stores have already been closed.
- BBY's domestic and international sales have increased as the company has made significant shifts to online sales and improved service for their electronic products.
- BBY is well positioned to capitalize on the growing demand for technology and electronics.
- Increased both its top and bottom lines on a quarterly and year-over-year basis and trades at a discount to its peers.
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Best Buy Transforming To Its Online Sales