Best Buy: July TV Sales Were Not Greater Than Dec TV Sales
02 October 2009 - 10:24PM
Dow Jones News
Best Buy Co. (BBY) said flat-panel television sales in July
didn't exceed December flat-panel TV sales, as Chief Executive
Brian Dunn had indicated Wednesday during a media event.
In a filing with the Securities and Exchange Commission, Best
Buy said Dunn misspoke. "Mr. Dunn intended to indicate that certain
weeks during this summer selling period experienced unit volumes in
flat- panel televisions that met or exceeded certainly weekly sales
volumes during November and December of the previous year."
-By Mary Ellen Lloyd, Dow Jones Newswires, 704-948-9145;
maryellen.lloyd@dowjones.com