I know that the skeptics on Best Buy (NYSE:BBY) are going to look at Tuesday's results and ask “What recovery?” After all, comps are still declining and gross margins are still down on a year-over-year basis. What's more, the apparent erosion in high-end mobile demand is a sizable threat to a company that gets a lot of revenue from mobile devices. On the other hand, nobody should have believed that Rome would be rebuilt in a day, and Best Buy continues to deliver on multiple points of its recovery plan.
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http://www.investopedia.com/stock-analysis/082013/plenty-left-do-signs-progress-best-buy-bby-amzn-msft-sne.aspx
Investopedia: Plenty Left To Do, But Signs Of Progress At Best Buy
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