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Best Buy reports Q4 adjusted EPS $2.61, consensus $2.47

Reports Q4 revenue $13.81B, consensus $13.88B. Comparable sales decreased 0.8% in Q4. “We are pleased to report better-than-expected profitability for the fourth quarter,” said Corie Barry, Best Buy (BBY) CEO. “Our comparable sales, while within our guidance range, declined 0.8% compared to last year. Our data sources show our overall market share was at least flat, pointing to slightly softer customer demand for our industry during the holiday quarter.”

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