Best Buy cuts profit outlook due to tariffs and is already hiking prices.
https://www.cnbc.com/2025/05/29/best-buy-bb...
Best Buy misses Q2 earnings expectations and cut guidance, blaming higher costs due to tariffs. CEO Corie Barry claims raising prices is "a last resort", but it only makes sense that additional taxes are passed onto the consumer. Otherwise it would be shareholders shouldering the weight.
Best Buy
BBY
NYSE
IPO1985
about BBY
Best Buy is a leading retailer specializing in consumer electronics, home appliances, and related services, offering both online and in-store shopping experiences.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $76.96 | $78.19 | $76.10 | $16.28B | 2.87M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$0.95 | 16.44 | 1.87 | 2.50% | 2.30% | 4.94% |
