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NEW YORK (AP) — Best Buy cut its annual outlook on Thursday after the nation's largest consumer electronics chain reported a profit decline and stagnating sales for its fiscal first quarter amid ...
Best Buy shares tumbled more than 8% to lead S&P 500 decliners Thursday after the electronics retailer lowered its full-year outlook because of tariffs. Best Buy gets a large portion of its ...
Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells.
Best Buy released its quarterly earnings report on Thursday detailing its missed revenue earnings and the impact of tariffs on its full-year sales. Matt Bilunas, Best Buy CFO, said in a news ...
NEW YORK (AP) — Best Buy cut its annual outlook on Thursday after the nation’s largest consumer electronics chain reported a profit decline and stagnating sales for its fiscal first quarter ...
Investing.com -- Shares in Best Buy (NYSE:BBY) slid 2% lower in premarket trading Thursday after the U.S. retailer slashed its outlook for fiscal 2026 (FY26) to reflect the impact of tariffs, ...
Investing.com -- Shares in Best Buy (NYSE:BBY) slid 2% lower in premarket trading Thursday after the U.S. retailer slashed its outlook for fiscal 2026 (FY26) to reflect the impact of tariffs ...
Best Buy posted mixed Q1 results and lowered its full-year outlook to account for the Trump tariffs. Best Buy stock fell.