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Best Buy

67.43

+0.45000.67%

Post-market: 67.690.2600+0.39%19:38 EDT

Volume:3.19M

Turnover:215.28M

Market Cap:14.25B

PE:16.44

High:68.01

Open:67.51

Low:67.12

Close:66.98

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Overview Company News Filings

Best Buy Fiscal Q1 Results In-line, Tariffs Impact not as Negative as Anticipated, Truist Says

MT Newswires Live

Strategic Diversification and Innovative Marketing Drive Best Buy’s Growth Potential

Best Buy Co. Inc. Releases Transcript for Q1 2026 Earnings Call

Best Buy says incurred $109M of restructuring charges related to Best Buy Health

JPMorgan cut Best Buy target, sees attractive entry point

Crude Oil Falls Over 1%; Best Buy Reports Downbeat Results

Best Buy price target raised to $69 from $64 at Truist

Truist Securities Raises Best Buy Price Target to $69 From $64, Maintains Hold Rating

MT Newswires Live

Best Buy's Switch 2 Preorder Sellout Should Boost 2Q -- Market Talk

Best Buy Investors Likely Expected Stronger 1Q Sales -- Market Talk

Barclays Remains a Hold on Best Buy Co (BBY)

Wells Fargo Adjusts Price Target on Best Buy to $67 From $75

MT Newswires Live

Best Buy CEO: Company Has Already Passed Through Tariff-Related Price Increases -- WSJ

Stock Track | Best Buy Plummets 5.15% Pre-Market as Tariff Concerns Prompt Guidance Cut

BUZZ-U.S. STOCKS ON THE MOVE- Kohl's, Best Buy, NextDecade

US STOCKS-Wall St set for higher open after court blocks most Trump tariffs

BUZZ-Best Buy down after cutting annual forecasts on tariff uncertainty

Best Buy Cuts Guidance as Tariffs Loom

BBY Earnings: Best Buy Stock Slips on Mixed Q1 Earnings

Best Buy Co. Inc. Announces Regular Quarterly Cash Dividend of $0.95 per Common Share

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Its revenue at $8.77 billion trailed estimates of $8.81 billion.With the core trends remaining muted, the company's positive same-store sales in computing and tablets categories were mitigated by weaker output of the bigger ticket or more discretionary categories, the firm said.However, Best Buy's efforts to manage tariffs, including sourcing diversification and vendor negotiations, are paying off better than previously anticipated by the brokerage and the company itself, Truist said. The brokerage raised its EPS estimates for 2025 and 2026 to $6.15 and $6.65 from $5.35 and $4.85, citing reduced tariff impact.The company now expects its cost of goods sold exposure from China at about 30% to 35% compared with 55% jus","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BBY","BK4567","LU0942090050.USD","BK4585","LU0868494617.USD","BK4076","LU0868494708.USD","BK4588","BK4533"],"gpt_icon":0},{"id":"2539052260","title":"Strategic Diversification and Innovative Marketing Drive Best Buy’s Growth Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=2539052260","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539052260?lang=en_us&edition=fundamental","pubTime":"2025-05-30 02:15","pubTimestamp":1748542540,"startTime":"0","endTime":"0","summary":"Jefferies analyst Jonathan Matuszewski reiterated a Buy rating on Best Buy Co (BBY – Research Report) today and set a price target of $88.00. 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During the call, Corie Barry highlighted the company's strategic navigation through a complex macroeconomic environment, stating, \"They've employed a calm strategic and steadfast approach with their ultimate focus on our customers.\" Despite first-quarter revenue being slightly below the previous year, Best Buy delivered better-than-expected profitability, with Barry emphasizing a \"relentless focus on elevating our unique customer experience.\" The discussion also touched upon the impact of the current tariff environment on the industry and the importance of international trade, with Barry noting, \"The consumer electronics supply chain is highly global, technical an","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL2PWzhT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BBY"],"gpt_icon":0},{"id":"2539138260","title":"Best Buy says incurred $109M of restructuring charges related to Best Buy Health","url":"https://stock-news.laohu8.com/highlight/detail?id=2539138260","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539138260?lang=en_us&edition=fundamental","pubTime":"2025-05-30 01:21","pubTimestamp":1748539260,"startTime":"0","endTime":"0","summary":"The company announced earlier that it incurred $109M of restructuring charges in Q1 FY26 that were primarily associated with a restructuring initia...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/best-buy-says-incurred-109m-of-restructuring-charges-related-to-best-buy-health-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/best-buy-says-incurred-109m-of-restructuring-charges-related-to-best-buy-health-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0868494708.USD","BK4533","BBY","LU0868494617.USD","BK4567","BK4585","LU0942090050.USD","BK4588","BK4076"],"gpt_icon":0},{"id":"2539260168","title":"JPMorgan cut Best Buy target, sees attractive entry point","url":"https://stock-news.laohu8.com/highlight/detail?id=2539260168","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539260168?lang=en_us&edition=fundamental","pubTime":"2025-05-30 01:15","pubTimestamp":1748538914,"startTime":"0","endTime":"0","summary":"JPMorgan lowered the firm’s price target on Best Buy (BBY) to $95 from $110 and keeps an Overweight rating on the shares. The company reported mixe...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/jpmorgan-cut-best-buy-target-sees-attractive-entry-point-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/jpmorgan-cut-best-buy-target-sees-attractive-entry-point-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0149725797.USD","LU0211326755.USD","IE00BBT3K403.USD","LU2264538146.SGD","LU1267930490.SGD","LU1244550577.SGD","LU0208291251.USD","IE00B1XK9C88.USD","LU2054465674.USD","LU2237443895.HKD","LU0234572021.USD","LU1363072403.SGD","LU1145028129.USD","LU1914381329.SGD","SG9999002232.USD","BK4550","LU0048584097.USD","LU0203345920.USD","LU0417517546.SGD","IE00BKDWB100.SGD","LU2756315664.SGD","IE00B775SV38.USD","IE0034235188.USD","LU0211328371.USD","LU1974910355.USD","LU1917777945.USD","LU2023250504.SGD","BK4581","LU2237443465.HKD","IE00BKVL7J92.USD","BK4566","LU1720051108.HKD","LU0106831901.USD","LU0971096721.USD","LU1629891620.HKD","LU1496350502.SGD","LU2106854487.HKD","LU2552382058.USD","BK4534","IE00B3S45H60.SGD","LU1988902786.USD","BK4567","LU0943347566.SGD","LU0215105999.USD","BBY","LU0787776722.HKD","IE00BYXW3230.USD","LU1894683264.USD","BK4585","LU1244550221.USD"],"gpt_icon":0},{"id":"2539267446","title":"Crude Oil Falls Over 1%; Best Buy Reports Downbeat Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2539267446","media":"Benzinga","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539267446?lang=en_us&edition=fundamental","pubTime":"2025-05-30 01:13","pubTimestamp":1748538822,"startTime":"0","endTime":"0","summary":" ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/05/45677149/crude-oil-falls-over-1-best-buy-reports-downbeat-results","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","IE00B7SZL793.SGD","IE00B19Z4B17.USD","USJW.SI","BK4588","BK4533",".IXIC","BK4167","IE0031619046.USD","NVIW.SI","BBY","PSQ","STRM","REVB","LU0868494708.USD","BK4567","QLD","EOSE","BK4539","ALZN","QID","BK4096","TQQQ","LU0942090050.USD","SQQQ","TSYW.SI","BK4094","USAW.SI","CAL","MNQmain","ORIC","IE00B66KJ199.SGD","BK4076","BK4585","LU0868494617.USD","NQmain"],"gpt_icon":1},{"id":"2539262055","title":"Best Buy price target raised to $69 from $64 at Truist","url":"https://stock-news.laohu8.com/highlight/detail?id=2539262055","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539262055?lang=en_us&edition=fundamental","pubTime":"2025-05-30 00:25","pubTimestamp":1748535917,"startTime":"0","endTime":"0","summary":"Truist raised the firm’s price target on Best Buy (BBY) to $69 from $64 and keeps a Hold rating on the shares. Q1 results were in-line with the fir...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/best-buy-price-target-raised-to-69-from-64-at-truist-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/best-buy-price-target-raised-to-69-from-64-at-truist-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BBY"],"gpt_icon":0},{"id":"2539262620","title":"Truist Securities Raises Best Buy Price Target to $69 From $64, Maintains Hold Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2539262620","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539262620?lang=en_us&edition=fundamental","pubTime":"2025-05-30 00:17","pubTimestamp":1748535420,"startTime":"0","endTime":"0","summary":"Best Buy (BBY) has an average rating of overweight and mean price target of $84.11, according to analysts polled by FactSet.Price: 65.12, Change: -6.40, Percent Change: -8.95","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BBY"],"gpt_icon":0},{"id":"2539262357","title":"Best Buy's Switch 2 Preorder Sellout Should Boost 2Q -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2539262357","media":"Dow Jones","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539262357?lang=en_us&edition=fundamental","pubTime":"2025-05-30 00:03","pubTimestamp":1748534580,"startTime":"0","endTime":"0","summary":"1202 ET - Best Buy expects a windfall in 2Q from preorders of Nintendo's Switch 2. The retailer's preorder quantities sold out very quickly in 1Q, CEO Corie Barry says, and those dollars will be recognized on the company's income statement in 2Q when the system launches. Best Buy is uniquely positioned for the long-awaited gaming system's rollout, as it is one of the only retailers that will open its doors at midnight for the June 5 launch, Barry says. The launch should help offset some pressure that the gaming category has seen this year, CFO Matt Bilunas says. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4533","LU0942090050.USD","BK4585","BK4567","LU0868494617.USD","LU0868494708.USD","SWCH","BK4076","BK4588","BBY"],"gpt_icon":0},{"id":"2539264619","title":"Best Buy Investors Likely Expected Stronger 1Q Sales -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2539264619","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539264619?lang=en_us&edition=fundamental","pubTime":"2025-05-29 23:36","pubTimestamp":1748532960,"startTime":"0","endTime":"0","summary":"1136 ET - Best Buy shares slumped after the company missed Wall Street's comparable sales estimates. Investors were probably expecting the electronics retailer to top the comps forecast, since point-of-sale data for the quarter looked strong and there were indications that demand for electronics would be pulled forward by the threat of tariffs, Davidson analysts Michael Baker and Keegan Cox say in a research note. Because the market was looking for a beat, the very slight miss is magnified and may stir up questions about whether the company is losing share, the analysts say. Shares fall 9.4% to $64.80. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BBY","ISBC"],"gpt_icon":0},{"id":"2539261062","title":"Barclays Remains a Hold on Best Buy Co (BBY)","url":"https://stock-news.laohu8.com/highlight/detail?id=2539261062","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539261062?lang=en_us&edition=fundamental","pubTime":"2025-05-29 23:15","pubTimestamp":1748531714,"startTime":"0","endTime":"0","summary":"Barclays analyst Seth Sigman reiterated a Hold rating on Best Buy Co (BBY – Research Report) today and set a price target of $89.00. The company’s ...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/barclays-remains-a-hold-on-best-buy-co-bby-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/barclays-remains-a-hold-on-best-buy-co-bby-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0868494617.USD","BBY","LU0942090050.USD","BK4076","BK4588","LU0868494708.USD","BK4585","BK4533","BK4567"],"gpt_icon":0},{"id":"2539326175","title":"Wells Fargo Adjusts Price Target on Best Buy to $67 From $75","url":"https://stock-news.laohu8.com/highlight/detail?id=2539326175","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539326175?lang=en_us&edition=fundamental","pubTime":"2025-05-29 23:14","pubTimestamp":1748531688,"startTime":"0","endTime":"0","summary":"Best Buy (BBY) has an average rating of overweight and mean price target of $84.11, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major bank","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BBY"],"gpt_icon":0},{"id":"2539926143","title":"Best Buy CEO: Company Has Already Passed Through Tariff-Related Price Increases -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2539926143","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539926143?lang=en_us&edition=fundamental","pubTime":"2025-05-29 23:04","pubTimestamp":1748531040,"startTime":"0","endTime":"0","summary":"At electronics retailer Best Buy, Wednesday's surprise trade court ruling doesn't change much for now, said Chief Executive Corie Barry.The retailer has already increased prices on some products to offset tariff-related cost increases. Best Buy also has worked to offset the impact by negotiating with its suppliers to reduce costs, adjusting the products it sells and expanding the number of countries from which it imports goods, said Barry.\"I don't think there is anything we would do differently based on the news overnight,\" she said on a call with reporters Thursday. \"What I've really tried to work with the team on is to not actually overreact to any given moment.\". In the few weeks since Best Buy's price increases, demand for those items hasn't fallen, she said.-- Read more on Best Buy's earnings and outlook, which has hit the stock today.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BBY","BK4567","LU0942090050.USD","BK4585","LU0868494617.USD","BK4076","LU0868494708.USD","BK4588","BK4533"],"gpt_icon":0},{"id":"1170385180","title":"Stock Track | Best Buy Plummets 5.15% Pre-Market as Tariff Concerns Prompt Guidance Cut","url":"https://stock-news.laohu8.com/highlight/detail?id=1170385180","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1170385180?lang=en_us&edition=fundamental","pubTime":"2025-05-29 21:33","pubTimestamp":1748525598,"startTime":"0","endTime":"0","summary":"Best Buy  shares plummeted 5.15% in pre-market trading on Thursday after the electronics retailer slashed its annual sales and profit forecasts, citing uncertainties surrounding U.S. tariffs and their potential impact on consumer demand for big-ticket items.The company reported mixed first-quarter results, with adjusted earnings per share of $1.15 beating analyst expectations of $1.09, but falling short of the $1.20 reported in the same period last year. Revenue of $8.77 billion missed the conse","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["BBY"],"gpt_icon":0},{"id":"2539263986","title":"BUZZ-U.S. STOCKS ON THE MOVE- Kohl's, Best Buy, NextDecade","url":"https://stock-news.laohu8.com/highlight/detail?id=2539263986","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539263986?lang=en_us&edition=fundamental","pubTime":"2025-05-29 21:12","pubTimestamp":1748524336,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Kohl's, Best Buy, NextDecadeEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nL6N3S10H9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVDA","NEXT","XOM","NOVA","NVDD","CVX","NVDS.UK","HPQ","NVD2.UK","NVDS","3NVD.UK","VRT","HESM","TATT","DELL","IMUX","2NVD.UK","ELF","NVIW.SI","NVD","SG9999002224.SGD","SNVD.UK","BIRK","UAL","ORIC","BBY","MACW.SI","FAST","EOSE","COP","JBLU","NVDU","KSS","CBNA","TDG","BK4504","NVDX","LU2237438978.USD","BLK","NVD3.UK","AS","NVDY"],"gpt_icon":1},{"id":"2539263373","title":"US STOCKS-Wall St set for higher open after court blocks most Trump tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=2539263373","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539263373?lang=en_us&edition=fundamental","pubTime":"2025-05-29 21:06","pubTimestamp":1748523980,"startTime":"0","endTime":"0","summary":"US STOCKS-Wall St set for higher open after court blocks most Trump tariffsFor a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Futures gain: Dow 0.28%, S&P 500 0.87%, Nasdaq 1.42%Best Buy drops after cutting annual sales and profit forecastHP down after it lowers full-year profit forecastUpdates before markets openBy Shashwat Chauhan and Kanchana Chakravarty","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nL3N3S10YZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0964807845.USD","NVD2.UK","LU0784385170.HKD","LU2097344357.USD","NVDA","SG9999001424.SGD","LU1571399168.USD","MACW.SI","NVDS.UK","LU0079474960.USD","3NVD.UK","LU1823568750.SGD","NVDU","IE00B4YYXB79.USD","BK4585","LU0557290698.USD","LU1914381329.SGD","SMH","LU0345770308.USD","LU1629891620.HKD","NVDY","NVIW.SI","LU0157215616.USD","LU1551013342.USD","LU2720916845.USD","2NVD.UK","BK4514","BK4592","HPQ","LU0965508806.USD","LU1267930573.SGD","LU0256863811.USD","IE00BN8TJ469.HKD","NVD","SNVD.UK","NVD3.UK","LU1066051811.HKD","LU0642271901.SGD","NVDS","LU1935042991.SGD","LU2452424414.USD","NVDX","BBY","NVDD","BK4076"],"gpt_icon":1},{"id":"2539502552","title":"BUZZ-Best Buy down after cutting annual forecasts on tariff uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=2539502552","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539502552?lang=en_us&edition=fundamental","pubTime":"2025-05-29 20:27","pubTimestamp":1748521665,"startTime":"0","endTime":"0","summary":"BUZZ-Best Buy down after cutting annual forecasts on tariff uncertainty** Shares of electronics retailer Best Buy BBY.N down ~3% at $69.70 premarket** Co cuts annual forecasts amid looming concerns about tariff uncertainty** Expects fiscal 2026 comparable sales to be in the range of down 1% to up 1% vs prior forecast of flat-to-up 2%** Expects adjusted earnings per share between $6.15 and $6.30 vs prior range of $6.20 to $6.60 ** Co's quarterly same-store sales dip 0.7% vs analysts' estimates of 0.6% drop, as per data compiled by LSEG** Up to last close, stock down 16.6% YTD","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nL6N3S10JE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BBY","LU0942090050.USD","LU0868494708.USD","BK4533","BK4585","BK4588","BK4076","LU0868494617.USD","BK4567"],"gpt_icon":0},{"id":"2539257820","title":"Best Buy Cuts Guidance as Tariffs Loom","url":"https://stock-news.laohu8.com/highlight/detail?id=2539257820","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539257820?lang=en_us&edition=fundamental","pubTime":"2025-05-29 19:41","pubTimestamp":1748518860,"startTime":"0","endTime":"0","summary":"Best Buy cut its sales and profit forecast for the year to account for the global trade war, dragging its shares down ahead of the opening bell.The electronics retailer on Thursday said it now believes comparable sales could decline this year as a result of the new levies.Best Buy has warned previously that its import-reliant vendors would likely pass higher costs onto the retailer, which in turn would have to raise prices to protect its already thin margins, putting pressure on demand.The company's revised guidance assumes that tariffs stay at current levels for the rest of the year and that consumer spending stays consistent with the last few quarters, Chief Financial Officer Matt Bilunas said.\"As you can imagine, and based on our history, we will continue to scenario-plan and adjust with agility as the situation evolves,\" Bilunas said.Best Buy now expects $41.1 billion to $41.9 billion in revenue for the fiscal year, down from its prior outlook for $41.4 billion to $42.2 billion, an","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4567","BK4588","BK4076","BBY","BK4533","LU0942090050.USD","LU0868494708.USD","LU0868494617.USD"],"gpt_icon":0},{"id":"2539257830","title":"BBY Earnings: Best Buy Stock Slips on Mixed Q1 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2539257830","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539257830?lang=en_us&edition=fundamental","pubTime":"2025-05-29 19:39","pubTimestamp":1748518759,"startTime":"0","endTime":"0","summary":"Best Buy stock dropped on Thursday after the electronics retailer posted mixed Q1 earnings.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/bby-earnings-best-buy-stock-slips-on-mixed-q1-earnings?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/bby-earnings-best-buy-stock-slips-on-mixed-q1-earnings?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BBY"],"gpt_icon":0},{"id":"2539569252","title":"Best Buy Co. Inc. Announces Regular Quarterly Cash Dividend of $0.95 per Common Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2539569252","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539569252?lang=en_us&edition=fundamental","pubTime":"2025-05-29 19:16","pubTimestamp":1748517387,"startTime":"0","endTime":"0","summary":"Best Buy Co. Inc. has announced that its board of directors has authorized a regular quarterly cash dividend of $0.95 per common share.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Best Buy Co. 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