Aug 27 (Reuters) – Best Buy raised its full-year sales forecast, banking on resilient demand for technology upgrades and replacements despite cautious consumer spending.
The top U.S. electronics retailer said on Thursday it expects annual revenue of $42.3 billion to $42.8 billion, compared with its earlier forecast of $41.2 billion to $42.1 billion.
(Reporting by Angela Christy in Bengaluru; Editing by Sriraj Kalluvila)
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