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Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.
Despite Best Buy’s projection that tariffs will stay at the current levels for the rest of the year, the company doesn’t see a change in consumer behavior.
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 ...
Best Buy faces flat sales growth and retail challenges amidst weak consumer spending. Read why I recommend staying on the ...
Best Buy cuts 2025 guidance due to impact of Trump administration tariffs originally appeared on Bring Me The News. Best Buy cut its sales and profit guidance for 2025 due to the ongoing ...
Best Buy (BBY) shares plunged nearly 15% to lead S&P 500 decliners Tuesday when the electronics retailer warned that new tariffs and inflation will negatively impact sales. In a transcript of its ...
"But the impact was even steeper than we estimated ... broadly about AI in general," she said. Tariffs could put Best Buy's sales at risk, too, if they result in higher costs for the company ...
Comparable sales, defined by Best Buy as revenue from online sales and ... Best Buy is a closely watched name when it comes to the impact of tariffs since it sells iPhones, TVs, laptops, kitchen ...
The Nintendo Switch 2 launches this week — and it'll give a much-needed boost to Target and Best Buy
Nintendo's new Switch 2 gaming device is giving US retailers a welcome shot of good-old-fashioned shopping enthusiasm, with ...
For Q1 FY26, Best Buy expects comparable sales to be slightly down to last ... The company’s FY26 guidance does not include the impact of recently implemented or proposed tariffs.
Best Buy Co.’s stock fell 8% Thursday after the electronics retailer cut its full-year profit guidance due to the impact of tariffs, as consumers weigh the effects of inflation against purchases ...
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