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.

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.

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 ...

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.

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 ...

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 ...