Greg Melich

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Last quote by Greg Melich

We believe BBY has benefited from two secular trends: a mix shift to smartphones away from CE [consumer electronics], and a shift towards higher margin large panel TVs and 4K TVs. With smartphones reaching saturation levels in the U.S. and our thesis that we are at the beginning of another channel shift in TVs towards discounters, clubs and online, we believe the risk-reward on BBY has shifted to the downside.feedback
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Nov 08 2016 Costco
This page is completely dedicated to what Greg Melich has to say. All of Greg Melich’s quotes are organized here by date and topic. The most recent quote attributed to Greg Melich came from an article called Sell Best Buy on Amazon and Costco competition, Evercore ISI says: “We believe BBY has benefited from two secular trends: a mix shift to smartphones away from CE [consumer electronics], and a shift towards higher margin large panel TVs and 4K TVs. With smartphones reaching saturation levels in the U.S. and our thesis that we are at the beginning of another channel shift in TVs towards discounters, clubs and online, we believe the risk-reward on BBY has shifted to the downside.”.
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