BBY Stock Recent News

Best Buy (BBY) reported fiscal 2026 first-quarter results before the bell Thursday. A summary of its key numbers is below.

Best Buy cut its sales and profit forecast for the year to account for the global trade war.

Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics

The retailer says both domestic and international comparable sales slip from the prior year.

Best Buy slashed its annual comparable sales forecast on Thursday, on signs that consumer demand for big-ticket items such as appliances, home theater and gaming consoles will be pressured by U.S. tariffs.

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.

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 3, 2025 (“Q1 FY26”), as compared to the 13-week first quarter ended May 4, 2024 (“Q1 FY25”).             Q1 FY26 Q1 FY25 Revenue ($ in millions)         Enterprise $ 8,767   $ 8,847   Domestic segment $ 8,127   $ 8,203   International segment $ 640   $ 644   Enterprise comparable sales % change1   (0.7 )%   (6.1 )% Domestic comparable sales % change1   (0.7 )%   (6.3 )% D.

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.

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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.