Best Buy

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.
Company Growth (employees)
Richfield, US
Size (employees)
125,000 (est)
Best Buy was founded in 1966 and is headquartered in Richfield, US

Key People/Management at Best Buy

Hubert Joly

Hubert Joly

Chairman & CEO
Corie Barry

Corie Barry

Chief Financial Officer
Keith Nelsen

Keith Nelsen

General Counsel
Shari Ballard

Shari Ballard

Senior Executive Vice President and President of Multichannel Retail
Asheesh Saksena

Asheesh Saksena

Chief Strategic Growth Officer
Trish Walker

Trish Walker

President, Services
Mike Mohan

Mike Mohan

Senior Executive Vice President and Chief Merchandising and Marketing Officer
Ron Wilson

Ron Wilson

President and Chief Operating Officer, Best Buy Canada Ltd.
Kamy Scarlett

Kamy Scarlett

Chief Human Resources Officer
Matt Furman

Matt Furman

Chief Communications and Public Affairs 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
Seattle, US
1000 Denny Way
Show all (250)

Best Buy Financials and Metrics

Best Buy Financials

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

Revenue (FY, 2017)

39.4 b

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


Gross profit (FY, 2017)

9.4 b

Gross profit margin (FY, 2017), %


EBIT (FY, 2017)

1.9 b

Market capitalization (23-Feb-2018)

22.3 b

Cash (28-Oct-2017)

1.1 b


22.6 b
Best Buy's current market capitalization is $22.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


39.8 b38.3 b39.5 b39.4 b

Revenue growth, %


Cost of goods sold

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

Gross profit

9.3 b9 b9.2 b9.4 b
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018


9.4 b9.4 b8.9 b9 b8.5 b8.6 b8.8 b8.4 b8.5 b8.9 b8.5 b8.9 b9.3 b

Cost of goods sold

7.2 b7.3 b6.8 b7 b6.4 b6.5 b6.7 b6.3 b6.5 b6.7 b6.5 b6.8 b7 b

Gross profit

2.2 b2.1 b2.1 b2 b2.1 b2 b2.1 b2.1 b2.1 b2.2 b2 b2.2 b2.3 b

Gross profit Margin, %

USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017


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


425 m425 m425 m425 m

Total Assets

14 b15.3 b13.5 b13.9 b
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018


2.2 b1.9 b2.1 b2.6 b1.8 b2.2 b1.7 b1.8 b1.9 b1.3 b1.7 b1.4 b1.1 b

Current Assets

11.2 b12.1 b10.6 b10.1 b10.2 b10.4 b11.7 b9.3 b9.7 b11 b9.7 b10.1 b11.4 b


2.7 b2.5 b2.5 b2.5 b2.2 b2.2 b2.3 b2.3 b2.3 b2.3 b2.3 b2.3 b2.4 b


528 m425 m425 m425 m425 m425 m425 m425 m425 m425 m425 m425 m425 m
    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)
    USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    229 m198 m194 m188 m397 m

    Depreciation and Amortization

    537 m484 m319 m161 m326 m163 m494 m161 m329 m

    Accounts Payable

    465 m1.5 b120 m(144 m)(335 m)(446 m)1.2 b4.4 b4.8 b6.2 b(382 m)15 m

    Purchases of PP&E

    (422 m)(425 m)(258 m)(111 m)(293 m)(124 m)(493 m)(153 m)(296 m)
      USDY, 2017


      12.2 x


      315.2 k


      0.3 x


      0.1 x

      Financial Leverage

      3.6 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


      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.)


      Distribution Centers

      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
      Best Buy Connect
      Best Buy Gov
      Best Buy Puerto Rico Holdings
      Best Buy Stores Puerto Rico
      Best Buy
      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

      Best Buy Market Value History

      Best Buy Revenue Breakdown

      Best Buy Median Salaries

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

      Best Buy's Web-traffic and Trends

      Best Buy Online and Social Media Presence

      Best Buy Company Life and Culture

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