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Best Buy is raising its profit and sales expectations ahead of the holiday shopping season after a strong third quarter.
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Best Buy also forecast revenue in the range of $41.65 billion to $41.95 billion, up from the previous range of $41.1 billion-$41.9 billion, while adjusted earnings per share are expected to come in between $6.25-$6.35, higher than the previous range of $6.15-$6.30.