Best Buy cut its annual outlook for profits and sales on Thursday after the nation’s largest consumer electronics chain reported a profit decline and stagnating sales for its fiscal first ...

Many retailers have been grappling with how to manage their business at a time when new tariff developments are happening ...

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.

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 cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells.