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 shoppers' worries ...

Best Buy, based in Minneapolis, now predicts 2011 earnings of $3.35 to $3.65 per share. That includes a benefit from share repurchases of 20 cents to 25 cents per share.

Best Buy Co. Inc. BBY-N slashed its full-year comparable sales and profit forecasts on Thursday amid concerns that U.S. tariffs would weigh on consumer demand for big-ticket items such as ...

(Reuters) -Best Buy raised its annual profit forecast on Thursday, as tighter controls on costs help the electronics retailer more than offset the impact from steeper discounts and promotions. Best ...

Best Buy had slashed prices throughout the holidays to thwart competition from Wal-Mart Stores Inc (WMT.N), Amazon.com Inc (AMZN.O) and other chains, and had last month warned of a ...