Core Viewpoint - Best Buy (BBY.US) reported a 0.9% year-over-year decline in revenue for Q1, totaling $8.77 billion, primarily due to a drop in same-store sales in both domestic and international markets [1][2] Financial Performance - Revenue decreased to $8.77 billion, down 0.9% year-over-year [1] - Earnings per share (EPS) were $1.15, exceeding the expected $1.09 but down from $1.20 in the same quarter last year [1] - Domestic gross margin increased by 10 basis points to 23.5%, attributed to improved performance in service categories, although offset by pressures in Best Buy Health and reduced profit-sharing income from private label and co-branded credit card arrangements [1] Sales Performance - Same-store sales in the U.S. fell by 0.7%, worse than the expected decline of 0.6%, driven by weak sales in drones, appliances, and home theater products, partially offset by growth in tablets, smartphones, and computers [1][2] - International revenue decreased by 0.6% to $640 million, impacted by negative foreign exchange effects of approximately 450 basis points and a 0.7% decline in same-store sales [2] Future Outlook - The company lowered its sales and profit forecasts, expecting fiscal year revenue between $41.1 billion and $41.9 billion, with a midpoint of $41.5 billion, slightly above market expectations [2] - Same-store sales growth is now projected to be a maximum of 1%, down from a previous estimate of 2%, due to ongoing tariff issues affecting imports from China [2] - EPS guidance was revised down from $6.20-$6.60 to $6.15-$6.30, with a midpoint of $6.225, compared to market expectations of $6.13 [2] Market Challenges - The company faces challenges due to a lack of attractive tech products to draw customers, although the upcoming launch of Nintendo's Switch 2 may positively impact same-store sales, with an expected growth of 1% over the next four quarters [3]

Economic Performance Highlights - The economic performance of Liaoning province in the first four months of the year shows significant growth in strategic emerging industries, accelerated high-end manufacturing, enhanced consumer demand, and improved green energy structure [1][2][3] - The value of invoices issued in the electronic core industry, advanced environmental industry, new energy vehicle-related facilities manufacturing, internet and cloud computing, big data services, and marine engineering equipment industries increased by 37.7%, 26.5%, 24.4%, 23.5%, and 17% year-on-year, respectively [1] Manufacturing Sector Developments - The high-end manufacturing sector is advancing rapidly, with invoice amounts for medical instruments and equipment manufacturing, as well as aerospace and equipment manufacturing, increasing by 13.6% and 1.2% year-on-year [2] - Neusoft Medical Systems Co., Ltd. reported a year-on-year increase of over 30% in invoice amounts [2] Consumer Market Trends - The consumer market is experiencing a rise in enthusiasm, with invoice amounts for home audio-visual equipment retail and daily household appliances retail increasing by 45.6% and 44.7% year-on-year, respectively [2] - The overall consumer sector (excluding housing consumption) saw a year-on-year increase of 6.4%, contributing to a 0.6% growth in total invoice amounts for the province [2] Green Energy Initiatives - Liaoning province is committed to a high-quality development path focused on ecological priority and green low-carbon transformation, with a gradual formation of a green industry system [3] - The invoice amounts for clean energy generation (nuclear, hydro, solar, wind, and biomass) grew at a rate 2.3 percentage points higher than that of thermal power generation, accounting for 35.7% of total power generation invoice amounts, exceeding the national average by 4.0 percentage points [3]

Group 1 - The Reserve Bank of Australia (RBA) is expected to lower the cash rate by 0.25 percentage points to 3.85%, with further cuts anticipated before Christmas, making Australian small-cap stocks more attractive compared to global markets [2][3] - Small-cap stocks are sensitive to economic growth changes, and the S&P/ASX 200 index reached a three-month high, rebounding nearly 14% since its low on April 7 [3] - Key investment sectors include consumer and real estate, with specific interest in outdoor advertising company oOh!media and furniture retailer Nick Scali, which is expected to perform well during the rate decline [4][6] Group 2 - Ophir Asset Management is optimistic about Nick Scali and has increased holdings in small appliance manufacturer Breville, viewing them as sensitive to economic cycles [6] - The firm also invested in Pinnacle, betting on a recovery in the real estate market, and believes the Australian stock market is more attractive than the U.S. market due to larger and faster expected rate cuts [6] - Despite optimism for small-cap stocks, there is caution regarding potential market corrections, with defensive stocks like ResMed and AUB Group being held to hedge risks [8]

新华社记者 毛思倩 摄影报道 ↑ 4月30日，在深圳文锦渡口岸，旅客办理商品离境退税验核。 ↑ 4月30日，在深圳万象城大疆门店，员工使用标准密封袋为顾客选购的产品进行离境退税"一单一 包"打包。 ↑ 4月30日，在深圳万象城顺电门店，工作人员使用标准密封袋为顾客选购的电子产品进行离境退税"一 单一包"打包。 近日，深圳推出离境退税"一单一包"便利化模式，在深圳万象城、深圳湾万象城及金光华广场等核心商 圈启动试点，优化境外旅客购物退税流程。 "一单一包"是指"一张退税申请单对应一个商品密封包"。在购物环节，商店使用标准密封袋对退税商品 进行打包，并与退税申请单一一对应；在出境环节，海关查验密封袋完整性后，依规验放，提升验核效 率，大幅缩短旅客等待时间。 近期在全国推广的离境退税"即买即退"，是指在已实施离境退税政策的地区，境外旅客在"即买即退"商 店购买退税物品时，签订协议书并办理信用卡预授权后，即可在该商店现场申领与退税款等额的人民币 款项。 离境退税"一单一包"模式与已开展的"即买即退"政策叠加，进一步提升境外旅客消费便捷度，激发入境 消费活力。 ↑ 4月30日，顾客在深圳万象城顺电门店挑选电子产品。 ↑ ...

作 者丨王应贵 编 辑丨和佳 金珊 3月1 7日，美股三大指数集体收涨，道琼斯指数涨0 . 8 5%，标普5 0 0指数涨0 . 6 4%，纳斯达克 综合指数涨0 . 3 1%。 热门科技股涨跌不一，英特尔涨近7%，消息面上，公司新任CEO陈立武计划全面改革芯片业 务和人工智能战略。特斯拉跌超4%，市值一夜蒸发3 9 0亿美元（约合人民币2 8 1 8亿元）。 | 苹果(APPLE) | 214.000 | 0.24% | | --- | --- | --- | | AAPL.O | | | | 微软(MICROSOFT | 388.700 | 0.04% | | MSFT.O | | | | 脸书(META PLATF | 604.900 | -0.44% | | META.O | | | | 谷歌(ALPHABET)· | 166.570 | -0.63% | | GOOG.O | | | | 亚马逊(AMAZON) | 195.740 | -1.12% | | AMZN.O | | | | 英伟达(NVIDIA) | 119.530 | -1.76% | | NVDA.O | | | | 特斯拉(TES ...