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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.
Best Buy cut its annual outlook for profits and sales on Thursday after the nation’s largest consumer electronics chain ...
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.
Best Buy said Thursday that it now expects annual earnings per share in the range of $6.15 to $6.30. That's down from the company's earlier per-share range of $6.20 to $6.60. Analysts expect $6.13 ...