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Key Takeaways Best Buy shares tumbled more than 8% to lead S&P 500 decliners Thursday after the electronics retailer lowered its full-year outlook because of tariffs.Best Buy gets a large portion of ...
Despite Best Buy’s projection that tariffs will stay at the current levels for the rest of the year, the company doesn’t see a change in consumer behavior.
Best Buy Co Inc (NYSE:BBY) reported a revenue miss for the first quarter, but the bigger news is a slashed full-year sales outlook ... several of Best Buy stock's rallies since early March.
Ecommerce Pressure”, I downgraded my rating on Best Buy to Sell based on a weak earnings outlook. The stock has since lost -20% of its value, underperforming the S&P 500’s -2% loss.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Shares of Best Buy Co were trading at $72.22 as ...
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