News

Piper Sandler analyst Peter Keith recently downgraded Best Buy to neutral from overweight with a price target of $75, down ...
Best Buy on Tuesday cut its full-year sales forecast. The retailer missed Wall Street's quarterly revenue expectations. It expects full-year comparable sales to decline by between 2.5% and 3.5% ...
Best Buy reported a 4.8% decline in Q4 FY25 sales to $13.948 billion, surpassing analyst estimates. For the first quarter of FY26, the company expects comparable sales to be slightly down to last ...
Best Buy faces flat sales growth and retail challenges amidst weak consumer spending. ... Best Buy (NYSE:BBY), in particular, has seen a disproportionate impact on its sales.
Best Buy (BBY) shares plunge after ... and the 25% in Mexico and Canada, we think there could be over three percentage points impact on sales growth, uh, for the next year for Best Buy.
Best Buy kicked off Black Friday sales on Nov. 21, a week earlier than last year. It’s also bringing back doorbusters — limited-time-only deals on specific products — every Friday from Nov ...
Including the impact of tariffs as they currently stand, Best Buy now expects adjusted fiscal 2026 earnings of $6.15 a share to $6.30 share, down from its earlier estimate of $6.20 a share to $6. ...
Best Buy Earnings: Despite Solid ... Demand proved better than expected as companywide comparable sales expanded 0.5%, ... management noted that the outlook doesn’t consider the impact of tariffs.
According to Barry, if the China tariffs remain at the 10% level for the full year, Best Buy believes they would have a negative impact on comparable sales. How many Target, Best Buy stores are ...