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Best Buy raises full-year profit guidance after earnings and revenue beat

CNBC
Summary
Nutrition label

77% Informative

Best Buy has been in the midst of an attempted turnaround in response to a two-year sales slump.

Shares of Best Buy jumped 6% in premarket trading Thursday .

The retailer now expects to see full-year adjusted earnings per share in the range of $ 6.10-$6.35 .

Comparable sales declined 2.3% during the quarter .

VR Score

87

Informative language

92

Neutral language

62

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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