Craft

Best Buy

Stock Price

$73.4

2023-12-01

Market Capitalization

$16 B

2023-12-01

Revenue

$46.3 B

FY, 2023

Best Buy Summary

Company Summary

Overview
Best Buy is a company operating as a retailer of technology and entertainment products and services. It offers computing and networking products, mobile phones, tablets, wearables, digital imaging, health and fitness products, home theater, portable audio and smart home items, appliances such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, etc. Additionally, the company provides drones, gaming, movies, music, toys, virtual reality, software, and other product offerings, including baby, food and beverage, luggage, outdoor living and sporting goods. Best Buy also offers consultation, delivery, design, health-related services, installation, memberships, repair, set-up, technical support, and warranty-related services.
Type
Public
Status
Active
Founded
1966
HQ
Richfield, MN, US | view all locations
Website
https://corporate.bestbuy.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Corie Barry

    Corie Barry, Chief Executive Officer & Director

  • Matt Bilunas

    Matt Bilunas, Senior Executive Vice President of Enterprise Strategy and Chief Financial Officer

  • Keri Grafing

    Keri Grafing, Chief Compliance Officer

  • Melanie Cornell

    Melanie Cornell, Chief Learning Officer

Operating MetricsView all

Stores (Pacific Sales)

21

FY, 2022

Outlet Centers (U.S. Best Buy)

16
14.3%

FY, 2022

Stores (U.S. Best Buy)

938
1.9%

FY, 2022

LocationsView all

5 locations detected

  • Richfield, MN HQ

    United States

    7601 Penn Ave S

  • Burnaby, BC

    Canada

    8800 Glenlyon Pkwy

  • Vancouver, BC

    Canada

    425 W 6th Ave #102

  • Ciudad de México, CDMX

    Mexico

    Avenida Santa Fe No. 440, Piso 2 Oficina 202-203 , Colonia Santa Fe Cuajimalpa , Delegación Cuajimalpa

  • London, England

    United Kingdom

    100 New Bridge St

Best Buy Financials

Summary Financials

Revenue (Q3, 2024)
$9.8B
Gross profit (Q3, 2024)
$2.2B
Net income (Q3, 2024)
$263.0M
Cash (Q3, 2024)
$636.0M
EBIT (Q3, 2024)
$354.0M
Enterprise value
$16.5B

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