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Best Buy Co Inc

BBY.N

Latest Trade

123.01USD

Change

3.87(+3.25%)

Volume

231,962

Today's Range

120.00

 - 

123.11

52 Week Range

48.16

 - 

124.87

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
119.14
Open
120.00
Volume
231,962
3M AVG Volume
51.24
Today's High
123.11
Today's Low
120.00
52 Week High
124.87
52 Week Low
48.16
Shares Out (MIL)
258.83
Market Cap (MIL)
30,837.26
Forward P/E
16.58
Dividend (Yield %)
1.85

Next Event

Q3 2021 Best Buy Co Inc Earnings Call

Latest Developments

More

Instacart Launches Same-Day Delivery Of Best Buy Products Nationwide

Best Buy Says 10% Owner Reports Open Market Sale Of 499,174 Common Shares At $116.50/Shr

Best Buy Co Inc Files For Potential Debt Shelf Offering; Size Not Disclosed

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About Best Buy Co Inc

Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers products and services to the customers visiting its stores, engaging with Geek Squad agents, or using its Websites or mobile applications. It has operations in the United States, Canada and Mexico. The Company operates through two segments: Domestic and International. The Domestic segment consists of the operations in all states, districts and territories of the United States, under various brand names, including Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, and Pacific Kitchen and Home. The International segment consists of all operations in Canada and Mexico under the brand names, Best Buy, bestbuy.com.ca, bestbuy.com.mx, Best Buy Express, Best Buy Mobile and Geek Squad. As of December 31, 2016, the Company operated 1,200 large-format and 400 small-format stores throughout its Domestic and International segments.

Industry

Retail (Technology)

Contact Info

7601 Penn Ave S

RICHFIELD, MN

55423-8500

United States

+1.612.2911000

https://www.bestbuy.com/

Executive Leadership

Russell P. Fradin

Chairman of the Board

R. Michael Mohan

President, Chief Operating Officer

Corie S. Barry

Chief Executive Officer, Director

Matthew M. Bilunas

Chief Financial Officer

Kamy Scarlett

Chief Human Resources Officer; President, U.S. Retail Stores

Key Stats

2.41 mean rating - 29 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

42.2K

2019

42.9K

2020

43.6K

2021(E)

45.6K
EPS (USD)

2018

4.420

2019

5.320

2020

6.070

2021(E)

7.204
Price To Earnings (TTM)
19.30
Price To Sales (TTM)
0.71
Price To Book (MRQ)
8.14
Price To Cash Flow (TTM)
12.57
Total Debt To Equity (MRQ)
34.75
LT Debt To Equity (MRQ)
16.73
Return on Investment (TTM)
22.11
Return on Equity (TTM)
10.06

Latest News

Latest News

In pandemic Christmas, U.S. rivals aim to challenge Amazon under the tree

Walmart Inc <WMT.N>, Best Buy Co Inc <BBY.N> and hundreds of smaller retailers are bolstering their online gift features, hoping to challenge Amazon.com Inc's <AMZN.O> dominance as a seller of holiday gifts to homebound shoppers.

Walmart, Best Buy extend Black Friday deals as spending habits change

Eager to capture any holiday-related spending as early as possible this year, Walmart Inc <WMT.N>, ASOS <ASOS.L>, Best Buy <BBY.N> and other major retailers are turning Black Friday into a multi-day promotion.

UPDATE 4-Best Buy warns of slowing sales after work-from-home boom

* Beats second-quarter sales, profit estimates (Adds CEO comment from conference call)

Best Buy beats same-store sales estimates on surge in online demand

Best Buy Co Inc beat quarterly same-store sales estimates on Tuesday as online demand for computers and other electronic accessories needed to work from home surged for a second straight quarter.

UPDATE 1-Best Buy sales get online boost, shares rise

Best Buy Inc said on Tuesday its quarter-to-date sales rose about 2.5%, driven by a surge in online shopping for electronic devices and appliances, sending its shares up 4% in extended trading.

Best Buy sees margin pressure as online demand raises delivery spend

Best Buy Co Inc said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services to support a surge in online shopping from people staying at home due to the COVID-19 pandemic.

Best Buy quarterly same-store sales fall over 5%

Best Buy Co Inc reported a 5.3% fall in quarterly same-store sales on Thursday, as the electronics retailer had to close stores due to the COVID-19 pandemic.

UPDATE 1-Best Buy to furlough 51,000 hourly U.S. store employees

Best Buy Co Inc said on Wednesday it would furlough about 51,000 hourly U.S. store employees and that its sales dropped about 5% in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic.

Best Buy to furlough 51,000 hourly U.S. store employees

Electronics retailer Best Buy Co Inc said on Wednesday it would furlough about 51,000 hourly U.S. store employees but retain a vast majority of its full-time store and field workers to cater to a surge in demand for work-from-home equipment due to the coronavirus lockdowns.

Best Buy withdraws fiscal 2021 financial guidance

Best Buy Co Inc said on Saturday that the company withdrew all financial guidance for fiscal 2021, for both the first quarter and full year, due to increased uncertainty related to the potential impacts of the coronavirus.

BRIEF-Best Buy Says Withdrawing All Fiscal 2021 Financial Guidance For Both The First Quarter And Full Year

* BEST BUY CO INC- DUE TO COVID-19 UNCERTAINITIES, WITHDRAWING ALL FISCAL 2021 FINANCIAL GUIDANCE PREVIOUSLY ISSUED ON FEBRUARY 27, FOR BOTH Q1 AND FY

BRIEF-Best Buy Co Inc Says Starting Wednesday, March 18, Store Hours Will Be Reduced To 10 A.M. To 6 P.M. Local Time

* SAYS STARTING WEDNESDAY, MARCH 18, STORE HOURS WILL BE REDUCED TO 10 A.M. TO 6 P.M. LOCAL TIME

Best Buy executive chairman to step down

Retailer Best Buy Co Inc said on Wednesday Executive Chairman Hubert Joly would step down and will not stand for re-election at the shareholder meeting on June 11.

Best Buy warns of profit, sales hit on coronavirus fallout

Retailer Best Buy Co Inc forecast largely lower-than-expected annual profit and sales on Thursday as electronics makers curb manufacturing due the coronavirus epidemic, sending the shares down 4%.

BRIEF-Best Buy Reports Q4 Non-Gaap Earnings Per Share $2.90

* BEST BUY REPORTS BETTER-THAN-EXPECTED FOURTH QUARTER RESULTS

Best Buy beats holiday quarter same-store sales estimates

Best Buy Co Inc beat quarterly same-store sales estimates on Thursday on strong online and app sales, overcoming a largely disappointing holiday season for brick-and-mortar retailers.

UK markets watchdog tells investment platforms to be 'impartial'

Investment platforms must document how they select, monitor and deselect funds from the "Best Buy" lists they market to customers, Britain's markets watchdog said on Thursday.

UPDATE 1-Best Buy board clears CEO of misconduct allegations

U.S. consumer electronics retailer Best Buy Co said on Tuesday its board had cleared Chief Executive Officer Corie Barry of misconduct allegations following an independent review.

Best Buy board clears CEO of misconduct allegations

U.S. consumer electronics retailer Best Buy Co <BBY.N> said on Tuesday its board cleared Chief Executive Officer Corie Barry of misconduct allegations following an independent review.

UPDATE 2-Best Buy starts investigation into CEO's personal conduct

U.S. consumer electronics retailer Best Buy Co said on Friday that its board was conducting an independent review on allegations of misconduct against Chief Executive Officer Corie Barry after receiving an anonymous letter.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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