Best Buy Co., Inc., Plaintiff-Appellant/cross-Appellee v. Fedders North America, Inc., Defendant-Appellee/cross-Appellant

LAY, Circuit Judge.

Best Buy Co., Inc. (Best Buy) appeals the district court’s denial of damages in its breach of contract suit against Fedders North America, Inc. (Fedders). We affirm in part, reverse in part, and remand.

I. Background

Best Buy, a Minnesota corporation, is a retail operation that sells a variety of household goods, including window unit air conditioners. Fedders is a wholly-owned subsidiary of Fedders Corporation, a Delaware corporation. Fedders manufactures window unit air conditioners. In the fall of 1993, the parties entered into a written contract where Fedders would sell…