Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise

Best Buy Co. posted stronger-than-expected profits for the fiscal third quarter but continues to struggle with sales declines as shoppers pull back more on buying gadgets in an uncertain economy.
The nation’s largest consumer electronics chain also cut its annual sales outlook.
Best Buy joins Kohl's and Lowe's, which also reported quarterly results on Tuesday that showed…

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