Best Buy's stock surrenders gains. Here's the quibble with guidance.

Best Buy Co. Inc.’s stock erased early gains to trade down 2.8% premarket Tuesday, after the electronics retailer blew past estimates for the fourth quarter and raised its quarterly dividend by 1%, but flagged continued pressure on consumers will hurt sales.Best Buy is expecting fiscal 2026 to show consumer behavior largely similar to that seen in fiscal 2025, namely with its customers remaining resilient but still dealing with high inflation “that is driving expenses up across their lives,” Chief Financial ...