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Best Buy cuts 2025 guidance due to impact of Trump administration tariffs
Best Buy cut its sales and profit guidance for 2025 due to the ongoing uncertainty caused by the trade war sparked by President Donald Trump. The Richfield-based electronics retailer adjusted its projected revenue for 2025 down to $41.
Best Buy (BBY) , the primarily brick-and-mortar electronics retailer, continues to spot a concerning pattern of customer ...
On a media call, Best Buy CEO Corie Barry said around 55% of its ... Barry projects that a change in prices will take a couple of months to trickle down. "This isn’t just an overnight change.
Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer's stock toward its worst day in more than 3 years Best Buy Co.'s stock ...
Target relies on produce from Mexico during the winter, while Best Buy sources most of its products from Mexico and China. Target relies on produce from Mexico during the winter, while Best ...
Best Buy on Tuesday posted fiscal fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald ...
Following the Trump administration's implentation of tariffs on Mexico and Canada, shoppers can expect price increases across a variety of goods. CEO's from both Target and Best Buy have ...
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