** Shares of electronics retailer Best Buy BBY.N down ~2% at $85.15 in volatile premarket trading
** Co sees comparable sales of flat to 2% growth, compared to estimates of a 1.7% rise - data compiled by LSEG
** Says guidance does not include the impact of recently implemented or proposed tariffs
** Says consumers are still dealing with high inflation, making them value-focused and thoughtful about big-ticket purchases
** Annual profit forecast also largely below estimates, revenue outlook in line with expectations
** However, BBY posts surprise rise in Q4 comparable sales, on holiday season-driven demand for its Computing and Mobile Phones segment
** Q4 comparable sales rose 0.5%, after 12 consecutive quarters of declines vs. estimates of a 1.33% drop, beats quarterly revenue and profit estimates
** BBY rose 9.6% in 2024, and was up 1.1% YTD as of last close
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))