Best Buy Cuts Outlook

Best Buy reports another quarterly sales decline as shoppers pull back spending on gadgets
Best Buy, the nation’s largest consumer electronics chain, on Tuesday reported another quarterly drop in sales as Americans ...
Best Buy annual forecasts take a knock from weak electronics demand
Best Buy trimmed its annual profit and sales forecasts on Tuesday, signaling a muted holiday shopping season amid sluggish ...
Best Buy’s stock slides as ‘softer-than-expected’ demand leads to sales, earnings miss
Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to ...
Best Buy broadly misses earnings estimates as consumers pull back on appliances, electronics
Appliance and entertainment sales dropped 14.70% and 18.80%, respectively, compared to estimates of down 7.5% and 4%.
Best Buy Lowers Full-Year Forecast Amid Turnaround Efforts
Best Buy Co. cut its full-year comparable sales guidance on sluggish demand for electronics and other appliances, a sign of ...
Best Buy looking for a holiday miracle to reverse weak demand, help it eke out increase in profits
The Richfield-based retailer missed profit expectations for the first time in two years, leading to a stock drop in ...
Best Buy expected to see improving sales in Q3 as AI products gain demand
Wall Street expects revenue to come in at $9.63 billion, a touch lower compared to the third quarter of last year, while ...
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Best Buy: Fiscal Q3 Earnings Snapshot
RICHFIELD, Minn. (AP) — RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Tuesday reported fiscal third-quarter net income of $273 million. The Richfield, Minnesota-based company said it had net ...