News

Best Buy raised its annual sales forecast on Thursday, saying the latest round of stimulus checks had kept consumers buying home electronics, while acknowledging that a reopening economy threatens ...
The electronics retailer saw sales fall to $16.37 billion in the three months ended Jan. 29, down from $16.94 billion a year ago, but comparable sales grew 10.4% and shares rose 9%.
Best Buy adjusted its full year sales forecast amid tariff impacts, with revenue now projected between $41.1 billion and $41.9 billion for Fiscal Year 2026.
Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, ... Deerfield-based maker of IV fluid and pharmaceuticals, expects tariff impact of $60M to $70M.
Best Buy released it December sales report, confirming that Holiday sales were weaker than hoped. Revenues declined a 0.8% year on year and same store sales were down 1.2%..
Best Buy's comparable sales growth has been negative since 2011, except for fiscal year 2015, where it stood at +0.5% (excluding the impact of installment sales).
Dive Brief: Best Buy on Wednesday joined other retailers in lowering its guidance in key metrics, saying that demand for electronics has tempered. The retailer now expects Q2 comp sales to fall ...
Best Buy reported a 4.8% decline in Q4 FY25 sales to $13.948 billion, surpassing analyst estimates. For the first quarter of FY26, the company expects comparable sales to be slightly down to last ...
Including the impact of tariffs as they currently stand, Best Buy now expects adjusted fiscal 2026 earnings of $6.15 a share to $6.30 share, down from its earlier estimate of $6.20 a share to $6. ...
Best Buy (BBY) shares plunge after ... and the 25% in Mexico and Canada, we think there could be over three percentage points impact on sales growth, uh, for the next year for Best Buy.