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 ...

The full-year guidance was only reaffirmed, despite a solid Q1 performance and hot guidance for Q2. The outlook assumes slowing growth, which is offset by outperformance in Q1, momentum in the ...

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 ...

Buy The Dip in Okta, There’s Nothing Wrong With the Outlook June 02, 2025 — 10:18 am EDT Written by Thomas Hughes, MarketBeat Contributor for MarketBeat -> ...

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 quarter ...

Best Buy has very little control of sourcing, directly importing only about 2% to 3% of its cost of goods sold, she reiterated. Barry noted that product costs that are flowing to Best Buy are ...

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 ...

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