Best Buy Stock Sinks as Retailer Warns About Tariffs and Inflation | Global News Avenue

Best Buy (BBY) On Tuesday, stocks fell nearly 15%, leading the 500 S&P 500 index when e-retailers warned that new tariffs and inflation would have a negative impact on sales.

In a transcript of the fourth quarter earnings call for fiscal 2025 provided by Alphasense, CEO Corie Barry explained that the company expects “our suppliers in our entire category will make retailers’ price increase at a certain level of tariff charges, which will lead to higher prices for U.S. consumers.”

Barry called the tariff situation “highly dynamic” and “uncertainty of duration”. The CEO added that Best Buy is “operating in an uneven environment with industry pressure expected” and that they are still “handling high inflation” even as it believes consumers will remain resilient.

Best Buy Q4 results are estimated

Comments were published after the company report adjusted for the fourth quarter. Earnings per share (EPS) Revenue of $2.58 fell nearly 5% year-on-year to $13.95 billion, partly due to a 13-week increase in fiscal 2025 and a 14-week increase in fiscal 2024. Comparable store sales Increased 0.5%. All three are better than the visible alpha prediction.

Best Buy’s full-year adjusted EPS was $6.20 to $6.60, revenues were $41.4 billion to $42.2 billion, and comparable store sales ranges in Flat flat flat for flat for 2.0%. However, the company noted that its guidance did not take into account recent enacted or proposed tariffs. Analysts surveyed by Visible Alpha are looking for adjusted earnings per share of $6.60, revenue of $41.77 billion, and comparable store sales growth rate of 1.81%.

Over the past year, the news has dropped Best Buy’s stock by about 14% and dropped to negative.