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Best Buy posted better-than-expected first-quarter earnings but cut its outlook as President Donald Trump's tariffs raise the cost of imported electronics.
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Best Buy Co. Analysts have provided Best Buy Co with ...
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 ... Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.
Best Buy faces flat sales growth and retail challenges amidst weak consumer spending. Read why I recommend staying on the ...
Best Buy Co.’s stock was up by nearly 13% on Thursday after the electronics retailer boosted its fiscal 2025 profit outlook and topped analyst estimates for second-quarter profit. “As we look ...
Best Buy cut its annual outlook for profits and sales on Thursday after the nation’s largest consumer electronics chain ...
Thus, changes in excess incomes drive Best Buy's sales outlook and general US retail ... with some focus on the Canadian market. I will be curious to see how these stores perform in the long ...
Market Domination Anchors Josh Lipton and Madison Mills break down the latest development for Best Buy and what it could mean for the company moving forward. For more expert insight and the latest ...
Best Buy's previous 2025 profit outlook was $5.75 a share to $6.20 a ... according to Dow Jones Market Data. John Tomlinson, analyst M Science, said Best Buy's computer and tablet sales offset ...
"The market was looking for a comp beat, which magnifies the slight miss" on same-store sales, he said. Best Buy's first-quarter net income declined 17.9% to $202 million, while adjusted earnings ...
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