Updated at 9:39 am EST Best Buy Co Inc. ( BBY ) posted weaker-than-expected first quarter earnings Tuesday, and lowered its full-year sales outlook, as the electronics retailer faces shifting consumer habits, supply chain costs and the fading impact of pandemic stimulus payments. Best Buy said non-GAAP earnings for the three months ending in April came in at $1.57 per share, down 29.6% from the same period last year and just shy of the Street consensus forecast of $1.63 per share. Group revenues, Best Buy said, fell 8.5% from last year to $10.65 billion, but topped analysts' forecasts of a $10.44 billion tally. Same-store sales, Best Buy said, tumbled 8% from last year, beating the Refinitiv forecast of a 2.4% decline, Looking into the 2023 financial year, which ends in February, Best Buy said it sees revenues in the region of $48.3 to $49.9 billion, down form its prior forecast of between $53.5 billion and $56.5 billion with non-GAAP earnings of between $8.4 and $9 per share.