The consumer-electronics store chain reported higher-than-expected sales in its latest quarter and said consumers are looking for value, but are still willing to spend on high-priced electronics.
The consumer-electronics store chain said U.S. consumers are likely to face higher prices as vendors throughout its supply chain work through the impact of the latest set of tariffs.
Consumer-electronics retailer Best Buy has taken a stab at estimating how much tariffs could hit sales. The news isn't good. If the 10% tariffs on China that began in February remain in place all year,
Best Buy Chief Executive Corie Barry said that prices for U.S. consumers were likely to rise as President Trump’s tariffs on China, Mexico and Canada take effect. “We expect our vendors across our ent
Target CEO Brian Cornell warns that prices for fruits and vegetables will likely rise due to new tariffs, while Best Buy CEO Corey Berry anticipates eventual price increases for electronics. (Scripps
Best Buy Co Inc (NYSE:BBY) shares are trading lower in premarket on Tuesday. The company reported a fourth-quarter sales decline of 4.8% year-on-year to $13.948 billion, beating the analyst consensus estimate of $13.
Shares fell more than 16% to their lows of the day on extremely heavy volume, shifting the stock into a new long-term bear market trend. Earnings results for the latest quarter came in better than analysts’ expectations.
If you're shopping for a huge amount of local storage, this is one of the best deals available right now. For a limited time, Best Buy is offering this massive Seagate Expansion 24TB USB 3.0 Desktop Hard Drive for only $279.
If you happen to have a barely-functioning laptop sitting around the house that you can't sell and can't really use any longer, you might just be in luck. Best Buy has launched a new recycling program that could quickly turn your useless,
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