Connected Home August 21, 2012 Best Buy Earnings Plunge 90 Percent By Stephen Silver Facebook Facebook Twitter Twitter LinkedIn LinkedIn Google + Google+ Email Email 4 Comments Comments Best Buy Tuesday reported a profit of $12 million for the most recent quarter, a 90 percent drop from the same time last year. The company also suspended its earnings guidance. To continue reading, tell us a little about yourself. Work Email* First Name*Last Name*Title*Company*Zip/Postal Code*Primary Business*Primary BusinessRetailer - Physical Store OnlyRetailer - E-Commerce OnlyRetailer - Omnichannel ( Physical + E-Commerce)DistributorManufacturerServices - Financial/Retail/TechnologyIndustry AssociationManufacturer s RepresentativeCreative Services/Ad AgencyOtherJob Function*Job FunctionManagement - CEO/President/OwnerManagement - VP/General ManagerManagement - Other C-levelBuyer/Merchandiser - VP/Director/ManagerMarketing - CMO/VPMarketing - Director/ManagerSales - CRO/VPSales - Director/ManagerSales - OtherTechnology - CTO/VPTechnology - Director/Mgr.OtherSales Volume*RevenueOver $50 million$25 000 001 - $50 000 000$10 000 001 - $25 000 000$5 000 001 - $10 000 000$1 000 001 - $5 000 000$500 000 - $1 000 000under $500 000 4 Comments View Comments Companies:Best Buy T Stephen Silver Author's page Related Content Bonaverde Announces the World’s First Roast-Grind-Brew Coffee Machine Will Finally Be Home for the Holidays LG Pushes Smart Home Appliances to Another Dimension with Deep Learning Technology RCA Unveils New TVs, Smartphones, Tablets and Appliances for CES 2017 World’s First “Smart Food Processor with Interactive Platform” on Display at CES LG Electronics' New PuriCare Line Of Air Purifiers And Dehumidifiers Helps Consumers To 'Breathe Easy' The Fesco Group’s Game Plan: Expand with Brands Comments Steve Brown Ouch! bdd good hope they go under CC II Time to pull the plug Wall St. This one’s brain dead… Jeff Stipe Not shocking now that all the profitability has been taken away..it is only a matter of time before they go the way of Circuit City! Manufacturers…are you paying attention!!!