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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.
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Adweek on MSNBest Buy Cuts Outlook Despite Positive Q1 NumbersConsumer electronics retailer Best Buy is adjusting its outlook for the remainder of its fiscal year 2026 as it navigates the tariffs imposed by the administration of President Donald Trump. The ...
Best Buy Co (NYSE:BBY) is preparing to release ... and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic ...
Best Buy faces flat sales growth and retail challenges amidst weak consumer spending. Read why I recommend staying on the ...
Investing.com -- Shares in Best Buy (NYSE:BBY) slid 2% lower in premarket trading Thursday after the U.S. retailer slashed its outlook for fiscal 2026 (FY26) to reflect the impact of tariffs ...
NEW YORK (AP) — Best Buy cut its annual outlook on Thursday after the nation's largest consumer electronics chain reported a profit decline and stagnating sales for its fiscal first quarter amid ...
Best Buy on Thursday missed quarterly revenue expectations ... and drive efficiency "to fund strategic investments and offset pressures." She also called out new product launches that could ...
Best Buy Consumer electronics retailer Best Buy is adjusting its outlook for the remainder ... and driving efficiency "to fund strategic investments and offset pressures." She also noted that ...
Investing.com -- Shares in Best Buy (NYSE:BBY) slid 2% lower in premarket trading Thursday after the U.S. retailer slashed its outlook for fiscal 2026 (FY26) to reflect the impact of tariffs, ...
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