Best Buy reports increase in holiday revenue
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Domestic revenue of $10.13 billion increased 4.1% versus last year primarily driven by comparable sales growth of 2.6% excluding the estimated 80-basis point benefit associated with the classification of revenue for the new mobile carrier installment billing plans2; the estimated 80-basis point benefit associated with the classification of revenue for the new mobile carrier installment billing plans2; and $59 million, or 60 basis points, in better performance of the credit card agreement.
International revenue of $1.23 billion declined 11.7% versus last year.