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Best Buy 2Q profit beats estimates, but revenue misses

Best Buy Co. on Thursday reported strong quarterly profit but revenue fell short and shares of the retailer fell 6 percent in premarket trading. The Richfield, Minnesota-based company said it had fiscal second-quarter net income of $238 million, or 89 cents per share. Earnings, adjusted for restructuring costs and amortization costs, were $1.08 per share. The results ...