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BEST BUY REPORTS RECORD JULY 1993 SALES

 MINNEAPOLIS, Aug. 5 /PRNewswire/ -- Best Buy Co., Inc. (NYSE: BBY) today reported sales for July 1993, a four-week period ended July 31, the fifth period of its fiscal 1994 year.
 According to Allen Lenzmeier, chief financial officer, July 1993 sales of $170 million were 95 percent more than $87 million achieved for the comparable four-week period last year. Year-to-date sales (22 weeks) of $819 million represent a 88 percent increase, as compared to $436 million last year.
 Comparable store sales increased 26 percent for July 1993 and have increased 20 percent year-to-date. The company currently operates 117 stores, 71 of which were considered comparable in July.
 Best Buy is the nation's second largest publicly held consumer electronics and major appliance specialty retailer. The company, now in its 27th year, sells nationally recognized name brand consumer electronics, home office products, major appliances, entertainment software and photographic equipment at 117 stores in 16 states in the central United States. Best Buy's common stock is traded on the New York Stock Exchange, symbol BBY.
 -0- 8/05/93
 /CONTACT: Allen Lenzmeier, finance, 612-896-2454, or Susan Hoff, media, 612-896-1650, both of Best Buy/
 (BBY)


CO: Best Buy Co., Inc. ST: Minnesota IN: REA SU:

DB -- MN002 -- 9683 08/05/93 08:28 EDT
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Publication:PR Newswire
Date:Aug 5, 1993
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