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Best Buy holiday sales rise 8.2%


Minneapolis Best Buy Co. on Friday said December same-store sales rose 8.2% and it maintained its financial forecast for 2010.

The company attributed the gains to strong demand for such devices as notebook computers and mobile phones. Domestic and international same-store sales in the month rose 9.3% and 3.5%, respectively. Total revenue at all stores was up 13% to $8.5 billion during the fiscal month of December.

Best Buy still expects 2010 revenue and diluted earnings within previously announced guidance ranges.

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