Tariffs Hit Best Buy Revenues As Retailer Reduces Chinese Imports
Best Buy is staying agile in an uncertain world of tariffs. (Photo by Justin Sullivan/Getty Images)Getty ImagesU.S. consumer electricals giant Best Buy missed quarterly revenue expectations and cut its full-year sales and profit guidance amid the impact of higher tariffs.Despite a judicial decision that could yet derail President Trump’s intended tariff deals, retailers have been caught in the crosshairs for the past two months and for its fiscal 2026 the retailer downgraded revenue expectations to the $41. ...