Best Buy cuts full-year profit and sales guidance amid volatile tariff landscape

Best Buy Co. reported a decline in its first-quarter income and revenue, and, similar to many other retailers, cut its full-year outlook.

“We are updating our full year guidance to incorporate the impact of tariffs,” Best Buy CFO Matt Bilunas stated in the earnings release.

Best Buy cuts full-year profit and sales guidance amid volatile tariff landscape | Chain Store Age

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