Sector: Consumer Cyclicals | Industry: Computer & Electronics Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 7601 Penn Ave S RICHFIELD MN 55423 |
Tel: | 1-866-7581457 |
Website: | https://investors.bestbuy.com/investor-relations/overview/default.aspx |
IR: | See website |
Key People | ||
Corie S. Barry Chief Executive Officer, Director | Matthew M. Bilunas Senior Executive Vice President - Enterprise Strategy, Chief Financial Officer | Jason J. Bonfig Senior Executive Vice President - Customer Offerings and Fulfillment |
Damien Harmon Senior Executive Vice President - Customer, Channel Experiences & Enterprise Services | Kamy Scarlett Senior Executive Vice President - Human Resources, Corporate Affairs and Canada | Mathew R. Watson Senior Vice President, Controller, Chief Accounting Officer | Todd Gregory Hartman General Counsel, Chief Risk Officer |
Business Overview |
Best Buy Co., Inc. is engaged in personalizing and humanizing technology solutions. The Company operates through two segments: Domestic and International. Domestic segment is comprised of its operations in all states, districts and territories of the United States and its Best Buy Health business, and includes the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen and Home, TechLiquidators and Yardbird and the domain names bestbuy.com, currenthealth.com, lively.com, techliquidators.com and yardbird.com. International segment is comprised of all operations in Canada under the brand names Best Buy, Best Buy Mobile and Geek Squad and the domain name bestbuy.ca. Domestic and International segments product categories include Computing and Mobile Phones, Consumer Electronics, Appliances, Entertainment, Services and Other. Computing and Mobile Phones category includes computing, mobile phones, and others. |
Financial Overview |
For the 39 weeks ended 02 November 2024, Best Buy Co Inc revenues decreased 4% to $27.58B. Net income increased 4% to $810M. Revenues reflect Domestic segment decrease of 37% to $16.83B, International segment decrease of 38% to $1.31B, Retail Sales-Domestic decrease of 37% to $11.58B, Online Sales- Domestic decrease of 36% to $5.24B. Net income reflects Merchandise Margins -%-Dom increase of 3% to 23.5%, Merchandise Margins -% increase of 2% to 23.4%. |
Employees: | 85,000 as of Feb 3, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $19,445M as of Nov 2, 2024 |
Annual revenue (TTM): | $42,226M as of Nov 2, 2024 |
EBITDA (TTM): | $2,650M as of Nov 2, 2024 |
Net annual income (TTM): | $1,270M as of Nov 2, 2024 |
Free cash flow (TTM): | $225.00M as of Nov 2, 2024 |
Net Debt Last Fiscal Year: | $513.00M as of Nov 2, 2024 |
Shares outstanding: | 214,725,246 as of Nov 2, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |