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CNBC Business • May 31, 2025
Here are the retailers raising prices as Trump tariffs take hold
Several major retailers have increased their product costs to offset additional expenses resulting from recently implemented trade tariffs.
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Quartz • May 29, 2025
Best Buy forecast stable tariffs — but a court had already ruled them illegal
Best Buy faces financial challenges as ongoing legal disputes over trade fees create uncertainty, potentially affecting pricing strategies and profit margins amid cautious consumer...
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CNBC Business • May 29, 2025
Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Best Buy's revised forecast reflects increased expenses related to import tariffs, which are impacting overall profitability despite strong first-quarter performance.
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MarketWatch Top Stories • May 29, 2025
Best Buy’s stock drops after it cuts profit outlook on tariff impact
Best Buy’s revised earnings forecast, influenced by ongoing tariff costs, has led to a decline in its stock value due to anticipated impacts on the company's financial performance.
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