November 20, 2012
Best Buy (NYSE: BBY ) has just reported missing EPS estimates by a staggering 75%, and its share price is down 31% overall this month. Is this a company not long for this world? In this video, Motley Fool analysts Blake Bos and Austin Smith take a closer look at just how bad the damage is. They discuss Best Buy's new CEO and his disappointment with the company's current position, and take a look at just how low the company's cash flow is compared with its debts. For Best Buy, this holiday season may be do or die.
The retail space is in the midst of the biggest paradigm shift since mail order took off at the turn of last century. Only those most forward-looking and capable companies will survive, and they'll handsomely reward those investors who understand the landscape. You can read about the 3 Companies Ready to Rule Retail in our special report. Uncovering these top picks is free today; just click here to read more.