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Best Buy raises annual sales forecast

ReutersNov 25, 2025 12:01 PM

- Electronics retailer Best Buy BBY.N raised its annual revenue forecast on Tuesday, banking on strong holiday demand as shoppers seize steep discounts to upgrade their laptops, smartphones and other household electronics.

The company now expects comparable sales for fiscal year 2026 to rise in the range of 0.5% to 1.2%, compared with its prior expectation of 1% drop to 1% rise.

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