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Best Buy Q2 Report Focus: Second-Half 2015 Outlook

Expectations are low for Best Buy's (NYSE:BBY) fiscal second-quarter earnings report due out Tuesday morning.

The consumer electronics retailer is seen posting its first year-over-year decline in adjusted earnings per share in five quarters. Best Buy's revenue is forecast to decline for the third straight quarter.

Analysts polled by Thomson Reuters expect Best Buy to earn 34 cents a share excluding items on sales of $8.29 billion in the July quarter. That would represent year-over-year declines of 23% in EPS and 7% in...


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