Market Closed - Nyse Other stock markets | 5-day change | 1st Jan Change | ||
77.88 USD | +2.29% | +0.57% | -2.90% |
Dec. 26 | Apple files appeal as Apple Watch import ban kicks in | RE |
Dec. 26 | What's next after US Apple Watch import ban? | RE |
Business Summary
Best Buy Co., Inc. specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:
- the United States (92.4%): activity insured, at 28/01/2023, through a network of 978 stores distributed by names mainly between Best Buy (925) and Pacific Sales (20);
- Canada (7.6%): 160 stores distributed between Best Buy (127) and Best Buy Mobile (33).
Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca).
Number of employees : 66,600
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Domestic 92.4% | 47,830 | 92.4% | 42,794 | 92.4% | -10.53% |
International 7.6% | 3,931 | 7.6% | 3,504 | 7.6% | -10.86% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
United States 92.4% | 47,830 | 92.4% | 42,794 | 92.4% | -10.53% |
Canada 7.6% | 3,911 | 7.6% | 3,504 | 7.6% | -10.41% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Corie Barry CEO | Chief Executive Officer | 47 | 1998 |
Matthew Bilunas DFI | Director of Finance/CFO | 51 | 2005 |
Brian Tilzer CTO | Chief Tech/Sci/R&D Officer | 52 | 2018 |
Keri Grafing CMP | Compliance Officer | - | 2007 |
Mollie O'Brien IRC | Investor Relations Contact | - | - |
Damien Harmon PRN | Corporate Officer/Principal | - | - |
Mark A. Irvin PRN | Corporate Officer/Principal | - | 2022 |
Deborah DiSanzo PRN | Corporate Officer/Principal | 63 | 2020 |
Cara Helper LAW | General Counsel | - | 2000 |
Buddy Davenport PRN | Corporate Officer/Principal | - | - |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
David Kenny BRD | Director/Board Member | 61 | 2013 |
J. Doyle CHM | Chairman | 59 | 2014 |
Director/Board Member | 59 | 2009 | |
Claudia Munce BRD | Director/Board Member | 63 | 2016 |
Richelle Parham BRD | Director/Board Member | 55 | 2018 |
Steven Rendle BRD | Director/Board Member | 63 | 2021 |
Eugene Woods BRD | Director/Board Member | 58 | 2018 |
Karen McLoughlin BRD | Director/Board Member | 58 | 2015 |
Corie Barry CEO | Chief Executive Officer | 47 | 1998 |
Mario Marte BRD | Director/Board Member | 49 | 2021 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 215,395,970 | 191,251,477 ( 88.79%) | 0 | 88.79% |
Company contact information
Best Buy Co., Inc.
100 South 5th Street Suite 1075
55402, Minneapolis
+612 291 1000
Group companies
Name | Category and Sector |
---|---|
Best Buy Canada Ltd. | Retail Trade - Specialty Stores |
Sector
Sales per Business
Sales per region
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
29
Last Close Price
77.88USD
Average target price
76.19USD
Spread / Average Target
-2.17%
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-2.90% | 16 400 M$ | |
+24.86% | 3 848 M$ | |
-0.47% | 2 578 M$ | |
+23.44% | 1 742 M$ | |
+2.96% | 1 601 M$ | |
+28.16% | 1 275 M$ | |
+22.49% | 1 207 M$ | |
+19.98% | 1 046 M$ | |
+135.98% | 952 M$ | |
+170.37% | 890 M$ |
- Stock
- Equities
- Stock Best Buy Co., Inc. - Nyse
- Company Best Buy Co., Inc.
As an expert in the field of finance and stock analysis, I bring a wealth of knowledge and experience to the table. I have a deep understanding of financial markets, stock valuation, and company analysis, allowing me to provide valuable insights into the topic at hand.
Now, let's delve into the information related to Best Buy Co., Inc., based on the provided article:
1. Company Overview:
- Best Buy Co., Inc.: A retail company specializing in the distribution of consumer electronic and entertainment products.
2. Stock Information:
- Ticker Symbol: BBY
- Market: NYSE (New York Stock Exchange)
- Closing Price (Dec. 26, 2023): $77.88
- 5-Day Change: +2.29%
- Year-to-Date Change (1st Jan): +0.57%
- Performance on Dec. 26: -2.90%
3. Business Activities:
- Products: Primarily includes computing products, hi-fi products, cameras, mobile phones, audio systems, and home appliances.
- Sales Breakdown:
- United States: 92.4% of net sales through a network of 978 stores.
- Canada: 7.6% of net sales through 160 stores.
4. Online Presence:
- Products are marketed through various websites, including Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca.
5. Financials (Sales per Business):
- Domestic (U.S.) Sales (2022): $47,830 million
- Domestic Sales (2023): $42,794 million (-10.53% change)
- International Sales (2022): $3,931 million
- International Sales (2023): $3,504 million (-10.86% change)
6. Key Executives:
- CEO: Corie Barry
- Director of Finance/CFO: Matthew Bilunas
- CTO: Brian Tilzer
- Compliance Officer: Keri Grafing
- Investor Relations Contact: Mollie O'Brien
- Other Corporate Officers/Principals: Damien Harmon, Mark A. Irvin, Deborah DiSanzo, Cara Helper, Buddy Davenport
7. Board of Directors:
- Key members include David Kenny (Director/Board Member), J. Doyle (Chairman), Lisa Maria Caputo, Claudia Munce, Richelle Parham, Steven Rendle, Eugene Woods, Karen McLoughlin, and Mario Marte.
8. Share Information:
- Share Class: Stock A
- Vote Quantity: 1
- Free-Float: 88.79%
- Company-owned Shares: 11.21%
9. Contact Information:
- Address: 100 South 5th Street Suite 107555402, Minneapolis
- Phone: +612 291 1000
- Website:
10. Group Companies:
- Best Buy Canada Ltd.: A subsidiary in the Retail Trade - Specialty Stores sector.
11. Ratings and Analyst Consensus:
- Trading Rating: Refinitiv B-More
- Investor Rating: Not provided
- ESG (Environmental, Social, Governance) Rating: Not provided
- Analysts' Consensus: OUTPERFORM
- Number of Analysts: 29
- Average Target Price: $76.19
- Spread/Average Target: -2.17%
12. Sector Comparison (Other Computer & Electronics Retailers):
- Best Buy Co., Inc. (BBY): -2.90% 1st Jan change, Market Cap $16,400 million
- JB HI-FI LIMITED: +24.86% 1st Jan change, Market Cap $3,848 million
- MOBILE WORLD INVESTMENT CORPORATION: -0.47% 1st Jan change, Market Cap $2,578 million
- ... and other companies in the sector.
13. Stock Equities:
- Equities: Best Buy Co., Inc. - NYSE
14. New Year Resolution:
- The article mentions a call to action, possibly a subscription-related message for the new year.
In summary, Best Buy Co., Inc. operates in the consumer electronics retail sector, with a significant presence in the U.S. and a notable online retail presence. The stock performance, key executives, financials, and sector comparison are crucial aspects to consider when analyzing the company's position in the market.