Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround

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Best Buy

surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty.

CEO Corie Barry said the retailer’s earnings call that it’s “increasingly confident about our plans for the back half of the year” and said the company is “trending toward the higher end of our sales range.”

Yet she said, “given the uncertainty of potential tariff impacts in the back half, both on consumers overall as well as our business, we feel it is prudent to maintain the annual guidance we provided last quarter.”