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Best Buy adjusted its full year sales forecast amid tariff impacts, with revenue now projected between $41.1 billion and $41.9 billion for Fiscal Year 2026.
Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.
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 ...
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Best Buy kicked off Black Friday sales on Nov. 21 ... Best Buy has a team looking at how tariffs will impact its business, but she said that the retailer operates on very thin profit margins.
“If there’s a 25% tariff, those prices will go up." Best Buy CEO: 'Tariffs could have a negative impact on sales' In an earnings call, Best Buy CEO Corie Barry expressed concerns about the ...
Comparable sales, defined by Best Buy as revenue from online sales and ... And I say that because that makes the estimation of the impact all the harder," Barry said. Barry said Best Buy will ...