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Videogames lead Best Buy Q3 growth  
Posted on Friday, December 21, 2007 by | Comments No Comments yet


Best Buy’s third quarter profit rose to 228 million USD from last year’s 150 million. Comparable store sales in the entertainment software category increased 23.1 percent, leading all other categories and offsetting declines in CD and DVD sales. Entertainment software comprised 19 percent of total third quarter revenue, up two percent over the same quarter last year. Best Buy credits that a greater availability of videogame hardware helped drive software sales. Flat panel TV, notebook and GPS sales also led growth during the quarter.

- Michele White

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