Best Buy Inc. (BBY) saw sales climb 5% in the fiscal third quarter and raised full year guidance going into the all-important holiday season. BBY is trading with a forward P/E of 13.32.

Company Description

Best Buy is a specialty retailer of technology and entertainment products. It operates retail locations, call centers, web sites and in-home solutions through Best Buy, Audiovisions, Future Shop, Geek Squad, Napster, The Phone House and Speakeasy.

Best Buy Surprised by 23.26% in the Fiscal 2010 Third Quarter

On Dec 15, Best Buy reported fiscal 2010 third quarter results which beat the Zacks Consensus Estimate by 10 cents. It was the third surprise out of the last four quarters. Earnings per share rose 51% to 53 cents from 13 cents in the year ago period. The Zacks Consensus called for 43 cents.

Revenue rose 5% to $12 billion from $11.5 billion in the year ago

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Conn’s Inc. is a specialty retailer with headquarters in Beaumont, Texas. As part of the Electronic Stores business sector, they trade on NASDAQ. Their current market capitalization is $368.06M. The company has a rich history being in business for over 110 years.

Conn’s began in 1890 as a small plumbing company, selling products for the trade. They were a one-store organization until the 1960s when they branched out into a multi-store operation. By 1994, they were a $100M dollar company. Total revenues for the quarter ended April 30, 2008 alone were $218.6M.

The company’s product lines consist of consumer electronics, which are approximately 31 percent of their business. They also sell major home appliances, which account for 28 percent of their business. These electronics include plasma and LCD flat-panel televisions, DVD players, camcorders, and digital cameras.

Conn’s sells computers, video gaming, and other small electronics, which account for 12 percent of their revenues.

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