Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.

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.

Also, new Geek Squad services would have a negative gross profit rate impact. Best Buy said its same-store sales rose 0.5 percent in the third quarter, excluding the impact of installment billing ...

Best Buy said that sales growth was tracking 20% during the ... government stimulus efforts and the economic impact of sustained high unemployment levels and ongoing shutdowns that vary by ...

Photo Illustration: Jacob Reynolds The electronics retailer saw sales fall to $16.37 billion in the three months ended Jan. 29, down from $16.94 billion a year ago, when homebound consumers ...

"But the impact was even steeper than we estimated ... broadly about AI in general," she said. Tariffs could put Best Buy's sales at risk, too, if they result in higher costs for the company ...

Best Buy cuts 2025 guidance due to impact of Trump administration tariffs originally appeared on Bring Me The News. Best Buy cut its sales and profit guidance for 2025 due to the ongoing ...

Best Buy (BBY) shares plunged nearly 15% to lead S&P 500 decliners Tuesday when the electronics retailer warned that new tariffs and inflation will negatively impact sales. In a transcript of its ...

However, if many items are not included in the list for same-day delivery, then Amazon’s ecosystem could adversely impact Best Buy’s in-store and online sales over the long run, given the ...

Best Buy's comparable sales growth has been negative since 2011, except for fiscal year 2015, where it stood at +0.5% (excluding the impact of installment sales). There is a clear trend of ...

Best Buy said online sales accounted for more than half of total ... but the COVID-19 pandemic has had a negative impact on key revenue categories, including its services business and Geek Squad ...