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Telecomunicaciones y tecnología

Best Buy quarterly revenue falls 4 percent


    (Reuters) - Best Buy Co Inc , the largest U.S. specialty retailer of consumer electronics, reported a 4 percent drop in quarterly revenue due to lower traffic in its stores.

    Best Buy shares were down 4.6 percent in premarket trading.

    Net income attributable to shareholders fell to $146 million, or 42 cents per share, in the second quarter ended Aug. 2, from $266 million, or 77 cents per share, a year earlier.

    Revenue fell to $8.89 billion from $9.3 billion.

    Same-store sales fell 2.7 percent, with U.S. same-store sales slipping 2 percent.

    (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Joyjeet Das)