Best Buy Co. Inc. (NYSE: BBY) reported higher first quarter
earnings that beat expectations of 71 cents per share compared with 37 cents per share last year but the electronics retailer forecast
current quarter revenue below estimates and announced the departure of
chief financial officer Sharon McCollam. The stock price plunged $2.45 to close at $30.55.
Best Buy CFO resigns
May 24, 2016 at 17:24 PM EDT
