
Group 1 - Best Buy anticipates that the supply of the Nintendo Switch 2 will sell out shortly after its release, with fans already lining up outside stores for pre-orders and remaining stock [1] - Best Buy's senior executive Jason Bonfig stated that the inventory for customers who did not pre-order is "very limited" and additional supplies may take days or weeks to arrive [1] - The release of the Switch 2 is expected to drive growth in Best Buy's gaming business [1] Group 2 - According to Newzoo, total sales of game consoles declined by 15% last year to $42.8 billion, but the interactive features of the Switch 2 are expected to boost retail sales [2] - Best Buy has lowered its sales and profit forecasts due to import tariffs on goods from China, projecting fiscal year revenue between $41.1 billion and $41.9 billion, with a median of $41.5 billion [2] - The company has adjusted its same-store sales growth forecast to a maximum of 1%, down from a previous estimate of 2%, and lowered its earnings per share guidance to $6.15-$6.30 [2] - The upcoming launch of the Switch 2 may help Best Buy attract customers, with same-store sales expected to grow by 1% over the next four quarters following the product's release [2]