Arkansas Democrat-Gazette

Another downbeat quarter?

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Best Buy has been struggling this year amid weakening consumer demand and rising costs due to supply chain disruption­s.

The nation’s consumer electronic­s chain has posted lower quarterly profits and revenue through the first half of its current fiscal year, which began in February, as consumers have reined in spending on electronic­s amid sharply higher prices for necessitie­s like food and gas. Wall Street expects the economic trends continued to weigh on Best Buy in the third quarter. The company serves up its quarterly results Tuesday.

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