Electronics retailer Best Buy (BBY) stock dropped 13% in yesterday’s trading following its Fiscal Q4 2025 earnings report on March 4. Despite
Stocks are falling again on Wall Street as companies and investors react to President Trump’s decision to impose tariffs.
Many analysts had expected Best Buy Co. Inc. to report a 13th consecutive decline in same-store sales, but the electronics retailer eked out a small gain.
Best Buy beat Wall Street’s fourth-quarter earnings and revenue estimates as the company’s computing and phone sales increased.
The recent decline in U.S. stocks has wiped out all of the markets' gains since Trump’s election in November. That rally had been built largely on hopes for policies that would strengthen the U.S. economy and businesses.