Best Buy lowers guidance due to tariffs as Q1 revenue drops

The retailer enacted tariff-related price adjustments this month and made progress in minimizing the percentage of its product costs from China.

May 29, 2025 - 18:20
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Best Buy lowers guidance due to tariffs as Q1 revenue drops

The retailer enacted tariff-related price adjustments this month and made progress in minimizing the percentage of its product costs from China.