Best Buy's stock drops after it cuts profit outlook on tariff impact
Best Buy's stock BBY fell 2.3% in premarket trading on Thursday after the electronics retailer cut its full-year profit guidance due to the impact of tariffs.
Will Earnings Results Move The Needle For Best Buy?
Best Buy's stock (NYSE: BBY) is set to announce its fiscal first-quarter earnings on Thursday, May 29, 2025, with analysts expecting earnings of $1.09 per share from $8.82 billion in revenue. This would indicate a 4% year-over-year decrease in earnings and a flat sales growth compared to the prior year's numbers of $1.13 per share and $8.85 billion in revenue.
Stay Ahead of the Game With Best Buy (BBY) Q1 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Best Buy (BBY) for the quarter ended April 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Best Buy: Tariff Environment Still Weighs On Outlook
Best Buy is likely to report weak fiscal Q1 results. The company anticipates negative comparable sales growth, and declining consumer confidence weighs on especially in April. Weaker consumer confidence and tariffs weigh on the FY2026 outlook. With tariffs excluded from Best Buy's current guidance, I expect that the 30% tariff on China will pressure the guidance. I estimate BBY stock to have 11% downside to $63.3.
Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for
Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Buy 9 Barron's Better Bets (Than T-Bills) From 16 'Safer' May Dividend Dogs
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly. Interviewed by Barron's, Steven Wieting, strategist at Citi-Wealth, noted that growing dividends are tangible benefits for shareholders and hallmarks of companies with strong balance sheets. “Nobody can fake a dividend,” he said.
REITs, MLPs, And BDCs: Which Is The Best Buy Today?
REITs, MLPs, and BDCs are some of the very best places to look for big and predictable dividends. I compare them side by side and share which I think is the best buy of the three today. I also share some of my top picks of the moment.
Best Buy Stock Soars as Tariff Rollback Sparks Rally
While most of Wall Street is cheering today's tariff rollback, one stock is rallying especially hard: Best Buy Co Inc (NYSE:BBY).
Best Buy Launches Creator Program With Influencer Storefronts
Best Buy has debuted a platform that lets creators and influencers collaborate with the retailer. The company announced its Best Buy Creator program Tuesday (April 8) in conjunction with Best Buy Storefronts, a “curated shopping experience” where customers can shop tech from their favorite influencers and creators.
Stock Of The Day: Is Best Buy About To Reverse?
Best Buy Co., Inc. BBY shares are lower again Friday. This comes after yesterday's drop of almost 18%.
8 Upcoming Dividend Increases, Including A King
Highlighting eight companies with upcoming dividend increases, four exceeding 10%, and an average increase of 11.4%, median at 9%. My investment strategy focuses on buying, holding, and expanding stakes in companies with consistent dividend growth and benchmark-beating performance. The list is curated using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, ensuring a minimum of five years of dividend growth.
Best Buy Courts Influencers to Tap $32 Billion Creator Market
Best Buy is launching an influencer program, following a model popularized by Amazon and Walmart. As The Street reported Sunday (March 23), both those retail giants have programs that let popular internet personalities curate their own digital storefronts.
