For its full fiscal 2026, Best Buy now expects to earn an adjusted $6.23 a share on sales of $41.5 billion. That's based on the midpoint of its guidance. It previously forecast adjusted earnings ...

Business Best Buy cuts its annual profit and sales outlook as it wrestles with tariffs This is a sign outside a Best Buy store in Bethel Park, Pa., on Thursday, May 15, 2025. Credit: AP/Gene J. Puskar ...

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's net income in the three-month period that ended May 3 declined about 18% to $202 million, or 95 cents per share, from $246 million, or $1.13 per share, in the year-ago period.

Best Buy's first-quarter net income declined 17.9% to $202 million, while adjusted earnings per share of $1.15 were down from $1.20 last year but still topped analysts' projections of $1.09 a share.

Best Buy: Rating Upgrade On Good Tariff Management And Positive Growth Outlook Jul. 09, 2025 5:04 AM ET Best Buy Co., Inc. (BBY) Stock BBY May Investing Ideas 536 Follower s ...

Best Buy cuts outlook amid tariff concerns, profit slumps Many retailers have been grappling with how to manage their business at a time when new tariff developments are happening almost every day.

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.

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 ...