Company

Best Buy Co., Inc.

Headquarters: Richfield, MN, United States

Founded: August 22, 1966

Employees: 57,750

CEO: Ms. Corie Sue Barry

NYSE: BBY +0.20%

Market Cap

$16.25 Billion

USD as of Jan. 1, 2024

Market Cap History

Best Buy Co., Inc. market capitalization over time

Evolution of Best Buy Co., Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Best Buy Co., Inc.

Detailed Description

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.

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Stocks & Indices

Best Buy Co., Inc. has the following listings and related stock indices.


Stock: NYSE: BBY wb_incandescent

Stock: FSX: BUY wb_incandescent

Product & Services

Consumer electronics, appliances

Key People

Founder(s): Richard M. Schulze James Wheeler

Hubert Joly (Executive Chairman) Corie Barry (CEO) Mike Mohan (President and COO)

Financials

Revenue: US$47.262 Billion (Fiscal Year Ended January 30, 2021)

Operating income: US$2.391 Billion (Fiscal Year Ended January 30, 2021)

Net income: US$1.798 Billion (Fiscal Year Ended January 30, 2021)


Total assets: US$19.067 Billion (Fiscal Year Ended January 30, 2021)

Total equity: US$4.587 Billion (Fiscal Year Ended January 30, 2021)

Details

Headquarters:

7601 Penn Avenue South

Richfield, MN 55423

United States

Phone: 612 291 1000