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Best Buy Co., Inc.
Best Buy sales continue to fall
Best Buy sales continue to fall

Best Buy Co. Inc. said sales fell in its second quarter and will likely keep dropping amid weak demand for consumer electronics products. The downbeat forecast comes as more shoppers purchase electronic gadgets online rather than from big-box retailers.  The company, based in Minneapolis, Minn., said Tuesday that revenue fell 4% from a year earlier to $8.9 billion. Net income fell 45% to $146 million, or 42 cents per share, from $266 million, or 77 cents, a year earlier. Money from legal settlements boosted profit a year earlier. Removing such special items, the company's profit was 44 cents per share, up from 32 cents last year. That beat expectations of 31 cents per share...

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