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Best Buy raises guidance after Q2 beat, but shares drop

By Benjamin Chiou

Date: Thursday 27 Aug 2026

(Sharecast News) - Best Buy posted better-than-expected second-quarter results on Thursday and raised its full-year guidance, although shares fell sharply as concerns around rising computer prices weighed on sentiment.
The consumer electronics retailer said comparable sales increased 4.1%, well ahead of analysts' expectations of 1.3% growth, while revenue rose to $9.78bn...

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