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Cramer Eyes Best Buy's Quarterly Results Next Week


NEW YORK ( TheStreet) -- TheStreet's Jim Cramer is watching Best Buy (BBY - Get Report) next week, saying its second quarter earnings performance will be key toward understanding what may happen with the back-to-school season and also for the holidays. The tech retailer is scheduled to release its quarterly results on Tuesday.

For the second quarter, Wall Street analysts are expecting the company to post earnings of 34 cents a share, down from 44 cents a year ago. Revenue is expected to come in at $8.29 billion, a 7% drop from last year.

Best Buy may...