Company
Best Buy Co., Inc.
Headquarters: Richfield, MN, United States
Founded: August 22, 1966
Employees: 57,750
CEO: Ms. Corie Sue Barry
Market Cap
$17.79 Billion
USD as of July 1, 2024
Best Buy Co., Inc. Categories
United States Consumer Discretionary Specialty RetailUnited States Consumer Discretionary United States Specialty Retail
Top Competitors by Market Capitalization
Industry: Specialty Retail
| Company | Market Cap (USD) |
|---|---|
| O'Reilly Automotive, Inc. | $60.10 B |
| AutoZone, Inc. | $48.09 B |
| Tractor Supply Company | $28.21 B |
| Ulta Beauty, Inc. | $18.59 B |
| Genuine Parts Company | $18.58 B |
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.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
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)