ProfileJobs (13)

Best Buy

RetailTechnologyconsumer electronicsconsumer goodsecommerceelectronicshardware
Best Buy is a multinational retailer of technology and entertainment products and services offering consumer electronics and more. Its family of brands and partnerships includes brands such as Best Buy, Audiovisions, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Pacific Sales, and Cowboom. Best Buy provides its users with service contracts; extended warranties; product repair; broadband voice, data, and information technology services; and delivers and installs home theater, mobile audio, and appliances.
Revenue(FY, 2017)
$39.4 B
Market capitalization(2017-09-22)
$16.8 B
Stores(FY, 2017)
1.6 K
Company Growth (employees)
Type
Public
HQ
Richfield, US
Founded
1966
Size (employees)
125,000 (est)
Website
bestbuy.com
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 Office Locations

Best Buy has offices in Richfield, Salem, Madison, Norwalk and in 246 other locations
Richfield, US (HQ)
7601 Penn Ave S
Show all (250)

Best Buy Data and Metrics

Best Buy Financial Metrics

Best Buy's revenue was reported to be $39.4 b in FY, 2017
USD

Revenue (FY, 2017)

39.4 b

Revenue growth (FY, 2016 - FY, 2017), %

(0%)

Gross profit (FY, 2017)

9.4 b

Gross profit margin (FY, 2017), %

24%

EBIT (FY, 2017)

1.9 b

Market capitalization (22-Sep-2017)

16.8 b

Cash (29-Apr-2017)

1.7 b
Best Buy's current market capitalization is $16.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

39.8 b38.3 b39.5 b39.4 b

Revenue growth, %

(4%)3%(0%)

Cost of goods sold

29.2 b30.5 b29.2 b30.3 b30 b

Gross profit

9.3 b9 b9.2 b9.4 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

8.9 b9.4 b8.6 b8.5 b8.8 b8.4 b8.5 b8.9 b8.5 b

Cost of goods sold

6.8 b7.3 b6.5 b6.4 b6.7 b6.3 b6.5 b6.7 b6.5 b

Gross profit

2.1 b2.1 b2 b2.1 b2.1 b2.1 b2.1 b2.2 b2 b

Gross profit Margin, %

23%23%24%25%24%25%24%25%24%
show all
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.1 b1.4 b1.8 b2.7 b2.4 b2 b2.2 b

Current Assets

10.5 b11.7 b9.9 b10.5 b

Goodwill

425 m425 m425 m425 m

Total Assets

14 b15.3 b13.5 b13.9 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

2.1 b1.9 b2.2 b1.8 b1.7 b1.8 b1.9 b1.3 b1.7 b

Current Assets

10.6 b12.1 b10.4 b10.2 b11.7 b9.3 b9.7 b11 b9.7 b

PP&E

2.5 b2.5 b2.2 b2.2 b2.3 b2.3 b2.3 b2.3 b2.3 b

Goodwill

425 m425 m425 m425 m425 m425 m425 m425 m425 m
show all
USDFY, 2014FY, 2015FY, 2016FY, 2017

Depreciation and Amortization

654 m

Accounts Payable

1.7 b1.7 b(536 m)518 m

Long-term Borrowings

(1.6 b)(1.6 b)(28 m)(394 m)

Dividends Paid

(224 m)(224 m)(499 m)(505 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

229 m198 m194 m188 m

Accounts Payable

5.2 b6.6 b4.6 b4.7 b6.2 b4.4 b4.8 b6.2 b4.6 b
show all
USDY, 2017

Revenue/Employee

315.2 k

Financial Leverage

2.9 x
Show all financial metrics

Best Buy Operating Metrics

Best Buy's Stores was reported to be 1.6 k in FY, 2017
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Stores

1.78 k1.76 k1.76 k1.73 k1.68 k1.65 k1.65 k1.63 k1.62 k1.61 k1.6 k1.58 k

Stores (U.S.)

1.49 k1.48 k1.47 k1.45 k1.44 k1.43 k1.43 k1.42 k1.4 k1.4 k1.39 k1.36 k

Stores (non-U.S.)

284282284283215215215216215213211212

Distribution Centers

262627
Show all operating metrics

Best Buy Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
BBC Investment
BBY Networks
Best Buy Stores, L.P.
BBC Property Co.
BBY Services
BestBuy.com
Best Buy Connect
Best Buy Gov
Best Buy Puerto Rico Holdings
Best Buy Stores Puerto Rico
Best Buy Texas.com
Best Buy Warehousing Logistics
Nichols Distribution
Magnolia Hi-Fi
Pacific Sales Kitchen and Bath Centers
ProTheo III
BBY Holdings International
Best Buy China Holdings
Best Buy Shanghai
Best Buy Enterprise Services
BBY Canada Finance
BBY Solutions
Best Buy Asia Pacific Regional Holdings Limited
Best Buy Canada Ltd. / Magasins Best Buy LTEE
6349021 Canada Ltd.
FutureGard Reinsurance Ltd.
Best Buy China Ltd.
Best Buy Purchasing LLC
ProTheo V
BBY Global Connect (Mauritius II)
ProTheo, Inc.
BBY Global Connect (Mauritius I)
Partsearch Technologies
Best Buy Distributions Limited
Oval (2248) Limited
ProTheo IV
CPW Mobile Limited
BBY (Mauritius II)
New CPWM Limited
CPWCO 16 Limited
Best Buy Finance
Best Buy China
BBY (Mauritius III)
Best Buy (AsiaPacific) Limited
Best Buy China UK
Best Buy International Finance, S.a.r.l.
Best Buy Enterprises, S. de R.L. de C.V.
Best Buy Imports, S. de R.L. de C.V.
Best Buy Stores, S. de R.L. de C.V.
ExB Hong Kong Limited
Five Star Trust
Global Connect China
Best Buy Mobile (Nanjing) Management Consulting Co., Ltd.
CCL Insurance Company
CP Gal Richfield, LLC
Project Jaguar, Inc.
Retspan, LLC
Retspan Deutschland GmbH
Talkback

Best Buy Market Value History

Best Buy Revenue Breakdown

Best Buy Job Categories

Best Buy Median Salaries

Source: 28 public H-1B filings from Best Buy

Market Position of Best Buy

Competitors

Walmart
Retail - Public
Target Corporation
Retail - Public
Amazon
Technology - Public
Alibaba
Technology - Public
Compare competitors

Traffic Overview of Best Buy

Best Buy Online and Social Media Presence

Best Buy Company Life and Culture

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