Best Buy profit disappoints on TV sales
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Best Buy Co. Inc.  reported quarterly earnings on Tuesday that missed analyst estimates by a wide margin and gave a disappointing full-year forecast as television sales cooled.
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Samsung Electronics Co. Ltd.'s third-quarter operating profit has fallen around 10 percent short of market forecasts due to weak sales of flat screens, a source familiar with the company's business said on Friday.
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Best Buy Co Inc. BBY.N on Tuesday   reported higher-than-expected quarterly profit, boosted by new   store openings and sales of high-priced electronics and easing   fears that consumers were pulling back on spending.
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Best Buy Co., the nation's biggest consumer electronics retailer, said Tuesday its third-quarter profit jumped 52 percent, boosted by holiday shopping and sales of higher-ticket items such as flat-panel TVs.
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Consumer electronics retailer Best Buy  Co  reported a better-than-expected 52 percent rise in  third-quarter profit on Tuesday on strong sales of laptops and  video games, and raised its full-year earnings forecast.
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Stocks edged down at the opening on Tuesday as disappointing earnings from Best Buy Co. Inc.  revived worries about consumer spending.
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Best Buy Co Inc  cut its fiscal  2008 profit outlook on Friday, blaming in part  lower-than-expected sales growth in January.
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Retailer Best Buy Co  reported better-than-expected quarterly earnings on Tuesday, helped by strong international results and demand for notebook computers, flat-panel televisions and video games, pushing its shares up about 5 percent.
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Consumer electronics retailer Best Buy Co. said Wednesday that second-quarter earnings rose on cost controls and improved margins to beat Wall Street expectations.
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Sales were lower than expected, and the quality of earnings is in question.
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Consumer electronics retailer Best Buy Co  reported a better-than-expected 52 percent jump in third-quarter profit on Tuesday on strong sales of laptops and video games, and raised its full-year earnings forecast.
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U.S. stocks ended down on Tuesday, pressured by disappointing results from consumer electronics chain Best Buy Inc.  and a weak forecast from steel maker Nucor Inc.
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MINNEAPOLIS, June 19 -- Best Buy, the nation's largest consumer electronics retailer, lowered its 2008 profit estimate Tuesday, blaming a softening economy that's steering shoppers away from high-margin items like flat-screen TVs.
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Best Buy Co. Inc., the nation's largest consumer electronics retailer, said Tuesday that second-quarter earnings rose 22 percent on a 13 percent increase in revenue.
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SEOUL : South Korea&#39;s Samsung Electronics Friday posted weaker-than-expected results for the third quarter as low product prices, coupled with higher promotion costs, undermined its bottom line.
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Best Buy Co. Inc., the nation's largest consumer electronics retailer, said second-quarter profits rose 8.7 percent on strong international results and tighter spending controls.
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Best Buy Co. Inc. (BBY), the top US electronics retail chain, posted a 21 percent rise in quarterly profit on Wednesday, just above expectations, saying it managed to build market share despite fierce competition.