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Can Best Buy Grow Sales in 2022?

Can Best Buy Grow Sales in 2022?

Best Buy (NYSE: BBY) investors have some big questions heading into the chain's earnings announcement in a few days. The retailer is likely to see declining sales this year compared to soaring results in 2021. The immediate worry is that Best Buy will see a huge growth hangover compared to a year ago, back when consumer spending was soaring with help from federal stimulus payments and a booming economy.