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Best Buy's online sales jump in Q2

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Best Buy reported a 242% increase in U.S. online sales during the second quarter.

Adjusted earnings per share came to $1.71, above analysts' predictions of $1.08 per share. Revenue of $9.9 billion beat expectations of $9.7 billion.

Officials cited increased digital purchases as customers worked from home amid the coronavirus pandemic.

Read more from CNBC.

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