Customers wait in line to purchase the Nintendo Switch 2 game console during its sales launch at a Best Buy store in San Diego, California, on June 4. Photographer: Ariana Drehsler/Bloomberg Photo by Ariana Drehsler / Bloomberg

Minnesota-based Best Buy Co. warned that tariffs continue to weigh on its business ahead of the crucial holiday shopping season, taking the shine off a quarter in which the electronics retailer boosted sales for the first time in more than three years.

The company reaffirmed its full-year financial guidance on Thursday, breaking from some other retailers that lifted their forecasts in recent days. Best Buy chief financial officer Matt Bilunas said in a statement that its decision was driven by “the uncertainty of potential tariff impacts in the back half, both

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