Aug 26 Best Buy Co Inc, the largest U.S.
specialty retailer of consumer electronics, reported a 4 percent
drop in quarterly revenue due to lower traffic in its stores.
Best Buy shares were down 4.6 percent in premarket trading.
Net income attributable to shareholders fell to $146
million, or 42 cents per share, in the second quarter ended Aug.
2, from $266 million, or 77 cents per share, a year earlier.
Revenue fell to $8.89 billion from $9.3 billion.
Same-store sales fell 2.7 percent, with U.S. same-store
sales slipping 2 percent.
(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by