During the current fiscal year, the company is opening 150units, 100 of them domestic and the rest international, up from the130 to 135 previously announced. Capital expenditures for the yearare forecast to hit $900 million.
About 72% of all store openings this fiscal year have takenplace in the first six months in order to give the new units "moretime on the ground before the holiday season," said Brian Dunn, thecompany's president and COO. Best Buy currently operates about1,300 locations throughout the US, Canada and China.
During the third quarter, same-store sales rose 6.1% year overyear, while total sales grew 17%, to just less than $10 billion.Best Buy's net earnings hit $228 million, up from $150 millionduring the same year-ago period.
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