"Today's confirmation considers Best Buy's consistent operating performance over the past several years, with a quantitative profile that results in meaningful cushion in its rating category, which should provide it with the ability to withstand virtually any macroeconomic scenario," stated Moody's Vice President Charlie O'Shea. "Going forward, Moody's expects Best Buy to continue to execute on its multi-year strategy consistent with past performance and continue to further embed itself as a technology solutions provider to its customers." Read More...
“Today’s confirmation considers Best Buy’s consistent operating performance over the past several years, with a quantitative profile that results in meaningful cushion in its rating category, which should provide it with the ability to withstand virtually any macroeconomic scenario,” stated Moody’s Vice President Charlie O’Shea. “Going forward, Moody’s expects Best Buy to continue to execute on its multi-year strategy consistent with past performance and continue to further embed itself as a technology solutions provider to its customers.”
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