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

Best Buy posted better-than-expected first-quarter earnings but cut its outlook as President Donald Trump's tariffs raise the cost of imported electronics.

May 29, 2025 - 13:00
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Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Best Buy posted better-than-expected first-quarter earnings but cut its outlook as President Donald Trump's tariffs raise the cost of imported electronics.