BBY News

While Best Buy crumbled earlier under the tariffs threat, President Trump backing off the pedal may bode well for BBY stock.

Retailers are facing selling pressure this week following warnings about continued consumer uncertainty and the potential impacts of tariffs.

Shares of Best Buy (BBY) rise after reporting upbeat Q4 sales amid exciting earnings season.

Tariffs are threatening Best Buy and Target's turnaround, with high sourcing exposure to China and Mexico. Analysts see long-term potential but short-term risk.

U.S. stocks slid on Tuesday as President Donald Trump’s tariffs on major trade partners took effect, intensifying global trade tensions. The Dow Jones Industrial Average dropped 1.55% to 42,520.99, while the S&P 500 declined 1.22% to 5,778.15.

Best Buy CEO Corie Barry said on Tuesday's earnings call that President Donald Trump's tariffs will increase prices for consumers and have implications for the entire industry.

Best Buy reported a 4.8% decline in Q4 FY25 sales to $13.948 billion, surpassing analyst estimates. For the first quarter of FY26, the company expects comparable sales to be slightly down to last year.

Best Buy could be hurt by the shift of physical to digital sales and tariffs.

Gold futures traded slightly lower this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.