Best Buy

Best Buy is a leading provider of technology products, services and solutions.

The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit our stores, engage with Geek Squad agents or use BestBuy.com or the Best Buy app.

The company has operations in the U.S and Canada, where more than 70 percent of the population lives within 15 minutes of a Best Buy store, as well as in Mexico where Best Buy has a physical and online presence. As for our workforce, our employees’ knowledge, passion and commitment are recognized through pay, benefits and other rewards that are among the best in the industry, including an industry-leading employee discount on the latest and greatest products.

Type
Public
HQ
Richfield, US
Founded
1966
Employees
125,000 (est)
Best Buy was founded in 1966 and is headquartered in Richfield, US

Key People at Best Buy

Hubert Joly

Hubert Joly

Chairman and Chief Executive Officer
Corie Barry

Corie Barry

Chief Financial Officer
Mary Lou Kelley

Mary Lou Kelley

President
Trish Walker

Trish Walker

President
Greg Revelle

Greg Revelle

Chief Marketing Officer
Keith Nelsen

Keith Nelsen

General Counsel
Mike Mohan

Mike Mohan

Senior Executive Vice President and Chief Merchandising Officer
Asheesh Saksena

Asheesh Saksena

Chief Strategic Growth Officer
Matt Furman

Matt Furman

Chief Communications and Public Affairs Officer
Shari Ballard

Shari Ballard

Senior Executive Vice President and President
Paula Baker

Paula Baker

Chief Human Resources Officer

Best Buy Locations

Richfield, US
Norwalk, US
Boca Raton, US
Germantown, US
Frederick, US
Sunnyvale, US
Louisville, US
Austin, US
Springfield, US
Salem, US
Oakland, US
Richmond, US
Naples, US
Los Angeles, US
San Antonio, US
Duluth, US
Tampa, US
Pasadena, US
Kennesaw, US
Madison, US

Best Buy Metrics

Best Buy Summary

Market capitalization

$14.1 B

Closing share price

$44.9
Best Buy's current market capitalization is $14.1 B.

Best Buy Financials

Best Buy's revenue is $39.5 B in FY, 2016 which is 2.01% decrease from the previous period.
FY, 2012FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$42.4 B$40.3 B$39.5 B

Cost of goods sold

$31.4 B$34.5 B$29.2 B$31.2 B$31.3 B$30.3 B

Gross profit

$9.69 B$9.05 B$9.19 B

Operating income

$1.14 B$1.45 B$1.38 B

Net Income

$523 M$1.24 B$897 M

Operating cash flow

$852 M$-52 M$-650 M

    Best Buy Operating Metrics

    Y, 2012Y, 2013Y, 2014Y, 2015

    Stores

    1.71 K1.78 K1.78 K1.73 K

    Best Buy Market Value History

    Market Position – hardware, electronics, consumer electronics, ecommerce, Retail, consumer goods

    Best Buy Online Presence

    Best Buy Company Life

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