Best Buy reported fourth-quarter earnings that exceeded analysts' expectations, but the company is preparing for price increases due to new tariffs. CEO Corie Barry indicated that the recent tariffs imposed by the U.S. on China could negatively affect comparable sales by approximately 1% if they remain at the current 10% rate throughout the year. The company also provided fiscal year 2026 earnings per share guidance of $6.40, lower than the $6.63 estimate, which does not account for the tariff impact. Analysts, including Seth Basham from Wedbush Securities, expressed concerns that the uncertainty surrounding tariffs may lead consumers to reduce spending on big-ticket items, potentially resulting in a decline in Best Buy's sales in the upcoming quarters. Following the announcement, Best Buy's stock fell by 13% as investors reacted to the anticipated impacts of tariffs from both China and Mexico.