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In its quarterly results, Best Buy recorded $8.13 billion in domestic revenue, a drop of 0.9% compared to last year, driven by a 0.7% decline in comparable sales.
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 faces flat sales growth and retail challenges amidst weak consumer spending. Read why I recommend staying on the sidelines of BBY stock.
(Bloomberg) — Best Buy Co. is going to test special sections in its stores dedicated to home retailer Ikea, as the struggling ...