Best Buy forecasts annual sales below estimates

Best Buy

03/03/2026 12:02

March 3 (Reuters) - Top U.S. electronics retailer Best Buy BBY.N forecast annual sales below Wall Street estimates on Tuesday, as budget-strapped customers pull back on higher-margin purchases such as TVs and home appliances and tariff uncertainty clouds its supply chain.

The company expects full-year comparable sales to be down 1% to up 1%, compared with analysts' estimates of a 1.63% rise, according to data compiled by LSEG.

 (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Sriraj Kalluvila)

 ((AnujaBharat.Mistry@thomsonreuters.com))