Piper Sandler analyst Peter Keith recently downgraded Best Buy to neutral from overweight with a price target of $75, down ...

Best Buy CEO Corie Barry's compensation rose 12% to $16 million in 2024, mostly in stock awards. The company faces an uncertain 2025 as it navigates tariffs and economic volatility.

After reporting troubles with its home-based care business and divesting home-focused technology company Current Health, Best ...

Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.

Best Buy's net income in the three-month period that ended May 3 declined about 18% to $202 million, or 95 cents per share, from $246 million, or $1.13 per share, in the year-ago period. Excluding ...

Barry said that China remains the No. 1 source for its products, estimating that the percentage of product cost it represents is approximately 30% to 35%, down from the 55% number it shared with ...

Earlier this year, CEO Corie Barry said the retailer will likely have to raise prices due to the duties. Best Buy joins other companies like Abercrombie & Fitch and Macy's in cutting its profit ...

On Sunday, Trump said that the U.S. will delay implementation of a 50% tariff on goods from the EU until July 9 to negotiate. During a media interview on Thursday, Best Buy CEO Corie Barry said ...