BNET Industries
Best Buy Co. Inc. (BBY) is in the Retail Industry
- Revenue
- Mar 01 2008
- $40.0B
- Profit
- Mar 01 2008
- $1.4B
- Market Cap
- Jul 23 2008
- $16.3B
Latest News and Analysis
RadioShack Profit Tops View, Sales Rise
NEW YORK (Reuters) - RadioShack Corp RSH reported a higher-than-expected quarterly profit on Thursday on a surprise increase in sales, but the electronics retailer said the economic environment continues to be challenging. Net earnings were $41.4 million, or 32 cents a share in...
Amazon Profit, Sales Above View and Shares Rise
By Alexandria Sage SAN FRANCISCO (Reuters) - Amazon.com Inc AMZN said on Wednesday quarterly profit doubled and sales grew 41 percent, indicating to Wall Street that many cost-conscious shoppers are heading online to save money in a tough economy. Amazon shares jumped 8...
Best Buy Looks to New Categories to Drive Sales
ATLANTA (Reuters) - Electronics retailer Best Buy Co BBY is looking to new product categories and business models to help it double annual sales to $80 billion over the next five years, executives said on Wednesday. Mike Vitelli, executive vice president for customer...
Blockbuster May Do Circuit Deal Later: Report
(Reuters) - Blockbuster Inc BBI, which abandoned its offer to buy Circuit City Stores Inc CC this week, may try to acquire the electronics retailer later, the New York Post said Thursday citing insiders. One source told the paper that Blockbuster "verified the...
Seven Companies Raising Dividends In This Difficult Market
Dividends4Life submits: If you are a dividend investor, last weeks melt-down provided a great opportunity for buying dividend stocks. As the price goes down, the yield goes up. Many companies continued to increase their dividends giving investors something to be happy about. Below are several companies that increased their...
DSG Cautious About Consumer Confidence
By Mark Potter LONDON (Reuters UK) - Electrical goods retailer DSG International DSGI met lowered forecasts with a 30 percent drop in annual profit on Thursday and said it remained "very cautious" about consumer confidence in many of its markets. DSG, whose store chains include Currys...
Raw Data Report: Consumer Electronics
TickerMine submits: Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock...
Circuit City Heads Towards Zero
Steve Patterson submits: No Lows Circuit City CC tumbled to all new lows yesterday, down 21.26%, as the market got scared about an upcoming meeting coupled with Street views that their earnings will be terrible. Goldman Sachs sent shivers through the spines of investors on Monday when...
How to Manage in a Recession
During a downturn, the usual rules of the workplace change dramatically. Here’s how to keep your team motivated and productive. Set the Tone Goal: Lower the anxiety level in the office by being candid about...
Five Signs That You Have a Crummy Job
Dream jobs quickly become crummy jobs when companies are struggling to stay afloat. Here are five telltale signs that recession is affecting your job. Crummy Factor #1: Budget Ax Severs Emotional Ties Day-to-Day Impact: Loyalty goes by the wayside. When employees are...
Best Buy F1Q09 (Qtr End 5/31/08) Earnings Call Transcript
Best Buy Co., Inc. BBY F1Q09 Earnings Call
Tuesday Options Outlook: XLF, MS, VIX, SYY, CCE, LULU, BBY, CQB, XRX, RIMM, ELN, GE
by Andrew Wilkinson
Options Trader: Tuesday Outlook
Phil Davis submits: As goes Goldman, so goes the nation? by Philip Davis
TV Troubles: Flat-Panel Market Flattens
Eric Savitz (Barron's) submits: Well, this was inevitable. The weakening economy has begun to take a toll in the global market for televisions, which has ominous implications for consumer electronics retailers, flat panel manufacturers and TV chip producers. by Eric Savitz
Symantec Buys SwapDrive for $123 Million
Erick Schonfeld submits: Online storage is back. Last September, EMC Corp. EMC bought online storage startup Mozy for $76 million. Last week, Symantec SYMC signed a deal brewing since February to buy SwapDrive. A source close to the company says that Symantec paid $123 million. ...
Raw Data Report: Technology
TickerMine submits: Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock...
Will Dunstone's Gamble Pay Off?
Charles Dunstone clearly understands that innovation -- and disruption -- is the route to ongoing success. His sale of 50 per cent Carphone Warehouse's retail business to US electronics retailing giant Best Buy is the latest in a series of bold moves by its founder and CEO...
How Best Buy Slays the Turnover Beast
Turnover at Best Buy fell eight percentage points to 60 percent last year, according to the company's recent earnings call. "The improvements in turnover were nationwide and at all levels ... and the most encouraging aspect of this progress is that these results came from specific, locally created strategies," said...
Best Buy F4Q08 (Qtr End 3/1/08) Earnings Call Transcript
Best Buy F4Q08 (Qtr End 3/1/08) Earnings Call Transcript
Best Buy F3Q08 (Qtr End 12/1/07) Earnings Call Transcript
Best Buy F3Q08 (Qtr End 12/1/07) Earnings Call Transcript
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- Finance (15 results)
- Financial Accounting (15 results)
- Call Transcript (13 results)
- Earnings (13 results)
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- Circuit City Stores Inc. (6 results)
- Management (6 results)
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- Enterprise Software (3 results)
- RadioShack Corp. (3 results)
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- Incorporated: 1966
- CEO: Mr. Bradbury H. Anderson
Best Buy is a specialty retailer of consumer electronics, home office products, entertainment software, appliances and related services. Co. operates retail stores and Web sites under the brand names Best Buy (BestBuy.com, BestBuy.ca, BestBuy.com.cn, and BestBuyMobile.com), Five Star (Five-Star.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Magnolia Audio Video (MagnoliaAV.com), Pacific Sales Kitchen and Bath Centers (PacificSales.com) and Speakeasy (Speakeasy.net). As of Mar 1 2008, Co. operated 923 U.S. Best Buy stores, 19 Pacific Sales stores, 13 Magnolia Audio Video stores, nine Best Buy Mobile stand-alone stores and seven Geek Squad stand-alone stores.
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Best Buy Co. Inc. Company Info
Board of Directors
Mr. Richard M. Schulze
Chairman
Mr. Matthew H. Paull
Ms. Mary A. Tolan
Mr. Hatim A. Tyabji
Mr. Bradbury H. Anderson
Vice-Chairman
Mr. Allen U. Lenzmeier
Vice-Chairman
Ms. Kathy J. Higgins Victor
Mr. Rogelio M. Rebolledo
Mr. Frank D. Trestman
Mr. George L. Mikan III
Mr. Ronald James
Mr. Elliot S. Kaplan
Contact Information
7601 Penn Avenue South
Richfield, MN
612 291-1000
NAICS Code
Radio, Television, and Other Electronics Stores: 443112Brought to you by IBMSponsored Resources
