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Best Buy signals robust holiday shopping demand with upbeat forecast

A sign marks a Best Buy store in Burlington
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(Reuters) - Best Buy Co Inc signalled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending shares of the biggest U.S. consumer electronics retailer up over 8%.Target Corp and Walmart Inc have already predicted strong sales in the crucial period between Thanksgiving and Christmas that can account for as much as 40% of..
Date Published: Nov 26, 2019
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