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Best Buy earnings, sales top estimates

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On stronger demand for its technology products, Minnesota-based retailer Best Buy beat analysts' estimates for the second quarter.

The company's adjusted earnings per share were 69 cents, above the 63 cents projected via a Thomson Reuters survey of analysts. Revenue was $8.9 billion, above forecasts of $8.7 billion.

Net income moved up to $209 million, beating $198 million in the same quarter last year.

Read more from CNBC.

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