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Re:Nest Outage for Apps, Thermostats, Protect, and Live Feed by lotsofpulp on Tuesday November 17, 2020 @12:56PM (#25127030)
And they still end up with low single digit profit margins, which means with even more returns, they'd have to try to get even more gross margin.

Best Buy gross margins are 22%, but their net margin is 3.75%. In a good quarter.

https://www.macrotrends.net/stocks/charts/BBY/best-buy/gross...

https://www.macrotrends.net/stocks/charts/BBY/best-buy/net-p...

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