Best Buy Co Inc
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
USAT: +1 612 291-1000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Specialty Retail
Fiscal Year End
31 January 2026
Employees
85,000
Best Buy Co Inc News & Analysis
personal-finance
Market outlook: How investors with US shares should respond to tariffs, uncertainty in March
personal-finance
US stock market outlook: tariffs are 2025's wild card
stocks
'Tis the season for increased consumer spending
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,013.00 | 62.70 | -0.69% |
| CAC 40 | 8,211.50 | 16.29 | 0.20% |
| DAX 40 | 24,868.69 | 329.35 | 1.34% |
| Dow JONES (US) | 48,977.18 | 594.79 | 1.23% |
| FTSE 100 | 10,004.57 | 53.43 | 0.54% |
| HKSE | 26,815.75 | 468.51 | 1.78% |
| NASDAQ | 23,395.82 | 160.19 | 0.69% |
| Nikkei 225 | 52,339.08 | 506.28 | 0.98% |
| NZX 50 Index | 13,663.58 | 76.35 | 0.56% |
| S&P 500 | 6,902.05 | 43.58 | 0.64% |
| S&P/ASX 200 | 8,700.00 | 71.30 | -0.81% |
| SSE Composite Index | 4,069.38 | 45.96 | 1.14% |