Best Buy profit falls on weak TV demand

Markets Reuters

NEW YORK (Reuters) - Best Buy Co Inc <BBY.N> reported on Tuesday a lower quarterly profit on weak demand for televisions and video game products.

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The world's largest consumer electronics chain said its net profit fell to $177 million, or 47 cents a share, for its second quarter ended August 27, from $254 million, or 60 cents a share, a year earlier. (Reporting by Dhanya Skariachan, editing by Gerald E. McCormick)

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