Best Buy Raises Outlook As Consumers Shrug Off Tariff Costs
Core Insights - Best Buy reported higher fiscal third-quarter sales and raised its full-year outlook as consumers continue to spend despite concerns that tariffs costs could diminish discretionary spending [1] Company Summary - Best Buy's fiscal third-quarter sales increased, indicating strong consumer spending [1] - The company has raised its full-year outlook, reflecting confidence in continued consumer expenditure [1] - Concerns regarding tariff costs impacting discretionary spending have not significantly affected sales performance [1]