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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.
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.
Electronics retailer said industry is 'showing signs of stabilization' Best Buy Co.'s stock was up by nearly 13% on Thursday after the electronics retailer boosted its fiscal 2025 profit outlook ...
Best Buy Co Inc (NYSE:BBY) reported a revenue miss for the first quarter, but the bigger news is a slashed full-year sales outlook ... several of Best Buy stock's rallies since early March.
Target stands out among its discount retail industry competitors, such as Walmart or Dollar General, by offering a more ...
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Shares of Best Buy Co were trading at $72.22 as ...
Ecommerce Pressure”, I downgraded my rating on Best Buy to Sell based on a weak earnings outlook. The stock has since lost -20% of its value, underperforming the S&P 500’s -2% loss.
Gabelli Funds released its small-cap 2025 outlook, highlighting the valuation discounts backing the small caps and the tailwinds from the macroeconomic backdrop.
Electronics retailer misses analyst estimates for quarterly same-store sales and revenue but beats profit expectations Best Buy Co.'s stock fell 8% Thursday after the electronics retailer cut its ...
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