Best Buy posted stronger-than-expected second-quarter results, helped by brisk demand for gaming consoles, artificial-intelligence laptops and mobile phones. Revenue rose 1.6% from a year earlier to $9.44 billion, outpacing analysts’ $9.23 billion estimate, while adjusted earnings came in at $1.28 a share versus the $1.21 consensus. Comparable sales increased 1.6%, the retailer’s first gain in three years, although net income fell to $186 million as margins remained under pressure. Despite the rebound, the company maintained the full-year outlook it issued last quarter, forecasting fiscal-2026 adjusted earnings of $6.15 to $6.30 a share on revenue of $41.1 billion to $41.9 billion, with same-store sales expected to range between a 1% decline and a 1% rise. Management said it is “prudent” to hold guidance because of uncertainty created by the 145% U.S. tariff on Chinese imports that took effect in April, noting that the levies could weigh on costs and consumer demand in the second half. Chief Executive Officer Corie Barry told analysts that second-quarter tariff effects were “not significant,” crediting mitigation strategies such as supply-chain diversification and targeted promotions. Even so, she warned that shoppers may delay big-ticket purchases until holiday discount periods if tariffs raise prices further. Chief Financial Officer Matt Bilunas added that the company remains ‘increasingly confident’ it can hit the upper end of its sales range if trade conditions stabilize. Investors focused on the unchanged guidance rather than the earnings beat; Best Buy shares fell roughly 5–6% in morning New York trading, erasing earlier pre-market gains. The stock reaction underscores concern that tariff-driven cost inflation could stall the retailer’s nascent sales recovery just as it heads into the critical back-to-school and holiday seasons.