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Best Buy Co.’s stock fell 8% Thursday after the electronics retailer cut its full-year profit guidance due to the impact of tariffs, as consumers weigh the effects of inflation against purchases ...
Best Buy released its quarterly earnings report on Thursday detailing its missed revenue earnings and the impact of tariffs on its full-year sales. Matt Bilunas, Best Buy CFO, said in a news ...
For companies managing complex supply chains, S&OP is the bridge between strategic planning (sometimes considered a part of ...
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 is a closely watched name when it comes to the impact of tariffs since it sells iPhones, TVs, laptops, kitchen appliances and many other consumer electronics that tend to be made in China ...
Best Buy Chief Executive Corie Barry, speaking in 2022. (Brendan McDermid/Reuters) At electronics retailer Best Buy, Wednesday’s surprise trade court ruling doesn’t change much for now, said ...
Trump's tariff plans are expected to hike prices across the board in the US, even for products they don't directly affect.
"It's an incredibly fluid situation," Best Buy Chief Executive Corie Barry said on a call with analysts. Including the impact of tariffs as they currently stand, Best Buy (BBY) now expects ...
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 ...