Best Buy posts surprise increase in quarterly sales

August 25, 2015 11:22 AM

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Best Buy posts surprise increase in quarterly sales

Best Buy Co Inc (BBY.N), one of the few remaining U.S. electronics store operators, reported a surprise increase in quarterly sales, helped by demand for appliances, televisions and mobile phones in the United States.

Net income attributable to shareholders rose to $164 million, or 46 cents per share, in the second quarter ended Aug. 1 from $146 million, or 42 cents per share, a year earlier.

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