Best Buy Targets $50 Billion In Revenue By 2025, Eyes Health Tech Boost

www.oann.com | 11/23/2018 | Staff
jollyjetta (Posted by) Level 3
(Reuters) – Best Buy Co Inc aims to rake in revenue of $50 billion and cut about $1 billion in costs by 2025, while ramping up its healthcare technology business, the biggest U.S. consumer electronics retailer said on Wednesday.

The company has zeroed in on healthcare technology as a key driver in the second phase of its growth plan and has made a series of purchases such as GreatCall in August 2018 for $800 million to build out the business.

Buy - Investor - Day - Income

Best Buy at its Investor Day also said it expects adjusted operating income...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!