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Best Buy reports surprise bump in same-store sales

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Aided by strong demand for appliances and consumer electronics, Best Buy reported a surprise quarterly increase in same-store sales.

Shares jumped more than 15 percent to $37.88 in premarket trading on Tuesday.

Comparable-store sales rose 0.8 percent. Analysts predicted a 0.6 percent decrease.

Net income increased to $198 million from $164 million a year earlier.

Read more from CNBC.

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