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Early Black Friday sales weren't enough to prevent Best Buy from having a less than extraordinary full-year sales forecast.
The retailer said demand for computers driven by the need to replace or upgrade older technology has helped but hasn't outpaced declines in discretionary purchases.
Best Buy shares slumped Tuesday after the retailer reported lower-than-expected third-quarter profit and revenue as consumers held back spending.
Welcome to Best Buy's third-quarter fiscal 2025 earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator ...
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