Best Buy raises annual sales forecast on steady electronics demand

Best Buy

27/08/2026 12:04

Aug 27 (Reuters) - Best Buy BBY.N raised its full-year sales forecast, banking on resilient demand for technology upgrades and replacements despite cautious consumer spending.
The top U.S. electronics retailer said on Thursday it expects annual revenue of $42.3 billion to $42.8 billion, compared with its earlier forecast of $41.2 billion to $42.1 billion. 

 (Reporting by Angela Christy in Bengaluru; Editing by Sriraj Kalluvila)
 ((AngelaChristy.M@thomsonreuters.com;))