Advertisement
Singapore markets close in 3 hours 25 minutes
  • Straits Times Index

    3,281.71
    -11.42 (-0.35%)
     
  • Nikkei

    37,623.68
    -836.40 (-2.17%)
     
  • Hang Seng

    17,257.60
    +56.33 (+0.33%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Bitcoin USD

    64,113.71
    -2,650.36 (-3.97%)
     
  • CMC Crypto 200

    1,387.42
    -36.68 (-2.58%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Gold

    2,328.90
    -9.50 (-0.41%)
     
  • Crude Oil

    82.93
    +0.12 (+0.14%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • FTSE Bursa Malaysia

    1,570.29
    -1.19 (-0.08%)
     
  • Jakarta Composite Index

    7,157.23
    -17.30 (-0.24%)
     
  • PSE Index

    6,579.00
    +6.25 (+0.10%)
     

What’s Expected for Best Buy’s Margins in Fiscal 2020

What’s Expected for Best Buy’s Margins in Fiscal 2020

Why Best Buy Stock was Upgraded by Oppenheimer(Continued from Prior Part)Why Best Buy’s gross margin narrowed last yearIn fiscal 2019,1 Best Buy’s (BBY) gross margin narrowed by 20 basis points to 23.2%. Its gross margin contracted by ten