Following its Q2 earnings results, the company updated its full-year outlook. It expected revenue to come in between $41.3 billion and $41.9 billion, compared to the previously expected range of $41.3 billion to $42.6 billion. Same-store sales are projected to decline 3% to 1.5%, compared to a previously expected decline of 3.5% to flat.

Best Buy's Q3 results show declining sales and earnings, with FY25 guidance trimmed due to softer-than-expected demand and macro uncertainties.