Best Buy says third-quarter earnings rose 21 percent, but hinted that holiday season profits may fall short of what analysts are predicting.
The nation's largest electronics retailer predicted fourth-quarter earnings at the low end of analyst estimates, partly because more discounts are being offered.
Best Buy predicted fourth-quarter earnings of $1.56 to $1.66 a share.
That would be 13 percent higher than last year.
Analysts are expecting $1.62 per share.
For the three months ending on November 27, Best buy earned $148 million, or 45 cents per share. Best Buy operates stores in Eau Claire and La Crosse, and is headquartered in the Twin Cities.
That number is up from $122 million, or 37 cents per share in last year's third quarter.