NEW YORK – Best Buy posted a solid second quarter that exceeded Wall Street expectations, but the performances was overshadowed by an outlook that has grown cloudy due to tariffs the U.S. is imposing on trading partners.

Despite easily beating expectations, shares slid more than 2% before the opening bell Thursday after the company stuck to earlier guidance for 2025. The Richfield, Minnesota, company cited the potential impact of tariffs.

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Comparable sales, a good barometer of a retailer's health, increased 1.6%, which was in line with expectations. The company had been battered by online competition and also a return to more normalized spending on gadgets after a pandemic-induced splurge by Americans.

CEO Corie Barry pointed out that it was the highest growth for sa

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