(Reuters) - The outlook sent shares of the top U.S. consumer electronics retailer down nearly 6 percent. It also cast new doubts on U.S. consumer spending trends, weighing on U.S. stocks.
"The margin numbers were terrible and we've known from the data we've seen that consumer spending has moderated," said Peter Boockvar, equity strategist at Miller Tabak & Co. in New York.
Read more at Reuters.com Business News
"The margin numbers were terrible and we've known from the data we've seen that consumer spending has moderated," said Peter Boockvar, equity strategist at Miller Tabak & Co. in New York.
Read more at Reuters.com Business News
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