Best Buy Says Consumers Still Spend — but They Are Hunting for Deals
Best Buy beats Q2 earnings and boosts its full-year guidance, led by strong computing and AI sales. Stock dips despite solid results.
Best Buy made more money than expected this quarter, especially selling computers and AI gadgets, so they think the whole year will be good. This is good news, but people are being careful about spending and looking for bargains—so watch if customers keep buying even when prices don't drop.
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