Best Buy Profit Tops Estimates, Closing 50 Stores

Best Buy Profit Tops Estimates, Closing 50 Stores Play

March 29 (Bloomberg) -- Bloomberg's Scarlet Fu reports that Best Buy Co., the world’s largest consumer-electronics retailer, reported fourth-quarter profit that exceeded analysts’ estimates and said it would close 50 U.S. big-box stores this year as it works to control costs. She speaks on Bloomberg Television's "In The Loop."

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