Best Buy December sales higher; affirms view
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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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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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U.S. sales of video game hardware  and software rose 28 percent in December from a year earlier as  holiday shoppers snapped up new consoles like Nintendo Co Ltd's   top-selling Wii, market research firm NPD said on  Thursday.
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Sales at US retailers surged in the final days before Christmas, making up for weaker sales earlier in December and keeping stores on course for a gain of as much as 3 percent during the holidays.
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U.S. drugstore chain Walgreen Co.  WAG.N on Tuesday reported sales rose 4.2 percent in December  at stores open at least a year, led by higher pharmacy sales.
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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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Best Buy reports another solid quarter.
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Shares of Best Buy (BBY:NYSE - news - research) caught a bid Wednesday after the electronics retailer&#39;s third-quarter results beat estimates.
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Best Buy Co. Inc. BBY.N on Tuesday   reported a higher-than-expected quarterly profit, boosted by   new store openings and sales of high-priced electronics, easing   fears that consumers were pulling back on spending.
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Best Buy Co. Inc. , the top U.S. electronics retail chain, on Wednesday posted a 21 percent rise in quarterly profit and said it gained market share in the period.
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Wal-Mart Stores Inc. said a surge in after-Christmas shopping spurred December same-store sales gains of about 3 percent, at the high end of its forecast. Kmart Holding Corp. said profit rose 10 percent during the holiday season after it limited deep discounts.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, said December sales at US stores open at least a year are rising within its forecast as shoppers rushed to stores last week to complete their holiday shopping.
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Discount retailer Wal-Mart Stores Inc. on Monday pegged its December same-store sales growth at the midpoint of current estimates and said sales on the Sunday after Christmas exceeded expectations.
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NEW YORK -- Consumers&#39; attitudes on the economy in the run-up to the Christmas holiday made an unexpected jump as of the end of December, according to a survey released Thursday.
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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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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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Wal-Mart Stores Inc. WMT.N, the  world's No. 1 retailer, on Monday said December sales would be  at the top end of its prior estimate on better-than-expected  post-Christmas spending, driving its shares up 2 percent.