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Heard during Best Buy's earnings call

Nov. 20, 2014 10:26 AM ETBest Buy Co., Inc. (BBY) StockBBYBy: Clark Schultz, SA News Editor
  • Shares of Best Buy (BBY +7.4%) rally to their highest level since January after the company's earnings report and guidance satisfies.
  • The earnings call was a little bit uneven with management making a solid case that the Best Buy turnaround was picking up steam, but also warning on product shipments and pricing on some electronics.
  • Execs cleared up that specialized customer service reps showing up in its stores are Best Buy employees and not 3rd-party personnel.
  • The company doesn't face the same number of impediments in selling mobile installment plans that it did a year ago which could help boost the Q4 comp.
  • Best Buy earnings call webcast

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