Best Buy Co Inc

1BBY

Company Profile

  • Business description

    With over $41 billion in consolidated 2024 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8% share of the North American market and around 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

  • Contact

    7601 Penn Avenue South
    RichfieldMN55423
    USA

    T: +1 612 291-1000

    E: [email protected]

    https://www.bestbuy.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Specialty Retail

    Fiscal Year End

    31 January 2026

    Employees

    85,000

Stocks News & Analysis

stocks

Is this still an ASX share to own forever?

Find out how this defensive player has fared after earnings.
stocks

After earnings, is Nvidia stock a buy, a sell, or fairly valued?

No signs of a slowdown in demand for Nvidia’s chips, and the long-term picture looks bright.
stocks

Short-term pain for long-term gain for undervalued ASX share

Cost reductions lower our profit estimates but should lead to improved long-term outcomes.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,089.7049.500.55%
CAC 407,719.7165.460.86%
DAX 4023,594.80107.470.46%
Dow JONES (US)45,271.2324.58-0.05%
FTSE 1009,177.9961.300.67%
HKSE25,068.30275.13-1.09%
NASDAQ21,497.73218.101.02%
Nikkei 22542,581.85642.961.53%
NZX 50 Index13,133.2058.390.45%
S&P 5006,448.2632.720.51%
S&P/ASX 2008,823.5056.200.64%
SSE Composite Index3,758.7154.85-1.44%

Market Movers