Best Buy beats on profit, sales; shares at 11-year high

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CHICAGO (Reuters) – Best Buy Co Inc reported an unexpected rise in first-quarter comparable sales and the No. 1 U.S. electronics retailer said it planned to save $600 million in costs by the end of fiscal 2021, sending shares to an 11-year high on Thursday.

Source:: Best Buy beats on profit, sales; shares at 11-year high

      

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