Best Buy Blows Away 2Q Earnings Estimates

The transcript discusses Best Buy's recent performance, highlighting better-than-expected sales in tablets, phones, and TVs. It examines discount strategies and their impact on gross margins, noting the importance of wearables. The discussion shifts to product trends, including virtual reality, and Best Buy's online sales growth amid competition with Amazon. Finally, it covers Best Buy's turnaround efforts, focusing on price matching, cost-cutting, and vendor relationships.

What are some of the new product categories mentioned that could be exciting for consumer electronics?

How has the relationship with vendors impacted Best Buy's sales strategy?