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Best Buy slashed its full-year comparable sales and profit forecasts on Thursday amid concerns that U.S. tariffs would weigh ...
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Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s ...
The company’s revised guidance assumes that tariffs stay at current levels for the rest of the year and that consumer ...
The top U.S. electronics retailer expects fiscal 2026 comparable sales in the range of down 1%-to-up 1%, compared to its ...
Best Buy cut its annual outlook for profits and sales after reported a profit decline and stagnating sales for its fiscal ...
Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street's quarterly revenue expectations, as early holiday shopping and a fresh batch of iPhones and AI-enabled laptops weren't ...
Best Buy's full-year sales forecast missed Wall Street's quarterly revenue expectations. Analysts expected the electronics retailer to take in $9.63 billion in revenue. However, the earnings ...
Best Buy maintained its full-year revenue forecast of $41.3 billion to $42.6 billion, down from $43.45 billion last fiscal year. Comparable sales are projected to range from flat to a 3% decline.
A market cooldown is expected before sales regain momentum in FY 2026. We forecast Best Buy’s Revenues to be $41.4 billion for the full year 2025, down 5% y-o-y. Looking at the bottom line ...
Best Buy reported fiscal second-quarter adjusted EPS of $1.34, beating the street view of $1.16. Quarterly sales of $9.29 billion beat the analyst consensus of $9.24 billion. CEO Corie Barry ...
Best Buy shares jumped, after the consumer-electronics store chain reported better-than-expected quarterly revenue and raised its guidance as tablet and computer sales accelerated. Chief Executive ...
The tariff woes come just as Best Buy posted its first comparable sales increase in several years ... “The market is not scaling as fast as we originally forecast,” Barry told analysts ...
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