Brian Sozzi, CEO and chief equities strategist at Belus Capital Advisers, said the report shows that Best Buy's restructuring is beginning to pay off.

NPR: Best Buy Reports 1Q Loss On Restructuring Costs

"If there's any observation here it's that consumers have an entrenched 'buy now, wear now' mindset on discretionary purchases, " says Wall Street Partners analyst Brian Sozzi.

FORBES

Given a teen unemployment rate upwards of 20%, today's youth is more tuned into the state of the economy and their parents' financial problems, says Wall Street Strategies analyst Brian Sozzi.

FORBES: An Apple For The Teacher, An IPad For The Student

Results may give investors more faith in new management, including Joly, who joined the company in August, and CFO Sharon McCollam, who joined in December, said NBG Productions analyst Brian Sozzi.

NPR: Best Buy 4th Quarter Loss Narrows

With the hype surrounding Black Friday, it appears analysts were ignoring one critical factor, not taking heavy discounts into account, says Brian Sozzi, chief business officer at Nothing But Gold Productions .

FORBES: Why Retail Investors Need to Be Their Own Analyst

After being forced to clean up their balance sheets from the peak indebtedness levels seen in 2008, deleveraged consumers have been able to face increased costs of living, according to Brian Sozzi of Wall Street Strategies.

FORBES: Don't Expect Consumer Resilience To Rising Gas Prices To Last

Heinz has the type of brand equity that takes years to create and it has been able to raise prices even in the highly competitive grocery business, said Brian Sozzi, chief equities analyst for NBG Productions.

NPR: Buffett's Firm Dips Into $23B Heinz Ketchup Deal