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What’s Expected for Best Buy’s Margins in Fiscal 2020

Sharon Bailey
What’s Expected for Best Buy’s Margins in Fiscal 2020

Why Best Buy Stock was Upgraded by Oppenheimer(Continued from Prior Part)Why Best Buy’s gross margin narrowed last yearIn fiscal 2019,1 Best Buy’s (BBY) gross margin narrowed by 20 basis points to 23.2%. Its gross margin contracted by ten