Best Buy posts higher profit
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Consumer electronics retailer Best Buy  Co  posted a higher-than-expected third-quarter profit  on Tuesday on strong sales and raised its full-year earnings  forecast.
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Best Buy Co. Inc.  reported lower-than-expected quarterly profit on Tuesday as the consumer electronics retailer slashed prices on flat-panel TVs to boost sales at the start of the holiday shopping season, sending its shares down over 6 percent.
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Investors will get a first look at whether early strong holiday sales for electronics are translating into higher profits when Best Buy Co. Inc.  reports its quarterly results next week.
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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.
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The home furnishings retailer reported quarterly profit of $25.97 million on an improvement at its Pottery Barn chain, sending its shares up as much as 11 percent.
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The Kroger Company, the nationâs biggest supermarket chain, said fourth-quarter profit rose more than analysts had anticipated as discounts spurred sales.
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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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Home goods retailer Bed Bath & Beyond  Inc.  on Wednesday posted a higher quarterly profit,  citing higher sales.
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Consumer electronics retailer Best Buy  Co  said on Friday that sales at stores open at least 14  months rose 1.5 percent in December and affirmed its fiscal  2008 earnings outlook.
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Home furnishings retailer Bed Bath &  Beyond Inc.  posted a higher quarterly profit on  Wednesday as sales rose.
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MINNEAPOLIS - Best Buy Co. Inc. said Tuesday its third-quarter profit rose 9 percent as customers bought more expensive products, but results were below expectations as the nation's biggest consumer electronics retailer made greater use of promotions to move merchandise.
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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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Consumer electronics retailer Best Buy Co  said on Friday that sales at stores open at least 14 months rose 1.5 percent in December and affirmed its fiscal 2008 earnings outlook.
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Walgreen Co , one of the largest U.S. drugstore operators, posted higher quarterly profit on Friday, helped by higher sales and cost controls.
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Wal-Mart reported a better-than-expected 9.8 percent increase in fourth-quarter profit yesterday, helped by new strategy and cost-control measures at its flagship U.S. stores division.
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Dollar Tree Stores Inc.  on  Wednesday reported higher quarterly profit, helped by strong  sales and a higher operating margin.
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The retailer reports strong earnings and lifts its outlook.