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BEST BUY CO INC (BBY)

65
Delayed Quote. Delayed Nyse - 05/27 11:45:05 am
34.69 USD   +2.33%
04:51a BEST BUY : enhances selfie experience
04:46a BEST BUY : accepts Apple Pay, still involved with MCX
05/25 Best Buy, Walmart support GS1 US standard
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Business Summary
Logo Best Buy Co Inc
Retails consumer electronics, entertainment software and appliances

Best Buy Co., Inc. is a multinational retailer, which provides consumer electronics, home office products, entertainment products, appliances and related services.

The company operates through two business segments: Domestic and International.

The Domestic segment is comprised of the operations in all states, districts and territories of the U.S., operating under various brand names, including but not limited to, Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster and Pacific Sales.

The International segment is comprised of all operations outside the U.S. and its territories, which includes Canada, Europe, China, Mexico and Turkey.

The company also markets its products under the brand names: Best Buy, Audiovisions, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Napster, Pacific Sales and The Phone House.

The company changed its name from Sound of Music, Inc. to Best Buy Co., Inc. in 1983. Best Buy was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.

Number of employees : 125 000 persons.
Sales per Businesses
20142015Delta
USD (in Million)%USD (in Million)%
Consumer Electronics42,410100%40,339100% -5.13%
Sales per Regions
20142015Delta
USD (in Million)%USD (in Million)%
United States35,83184.5%36,05589.4% +0.62%
Canada4,52210.7%4,04710% -11.74%
China1,8064.3%---
Other251.000.6%237.000.6% -5.91%
Managers
NameAgeSinceTitle
Hubert Joly542012President, Chief Executive Officer & Director
Hatim Tyabji701998Chairman
Sharon L. McCollam, CPA532012EVP, Chief Financial & Administrative Officer
Kathy J. Higgins Victor581999Independent Director
Gerard R. Vittecoq, MBA662008Independent Director
Sanjay Khosla642008Independent Director
Lisa Maria Caputo Morris512009Independent Director
Bradbury H. Anderson652013Director
Russell P. Fradin, MBA592013Director
David W. Kenny, MBA532013Director
Shareholders
NameShares%
Richard M. Schulze, PhD 46,238,269 13.1%
Fidelity Management & Research Co. 40,028,202 11.4%
The Vanguard Group, Inc. 27,819,831 7.90%
JPMorgan Investment Management, Inc. 25,444,762 7.22%
SSgA Funds Management, Inc. 12,643,979 3.59%
BlackRock Fund Advisors 11,932,404 3.39%
Templeton Global Advisors Ltd. 8,274,859 2.35%
Columbia Management Investment Advisers LLC 8,235,799 2.34%
FIL Investments International 6,559,732 1.86%
TIAA-CREF Investment Management LLC 6,375,268 1.81%
Sector
Consumer Cyclicals
Retailers
 Other Specialty Retailers
  Computer & Electronics Retailers
   Computer & Electronics Retailers - NEC
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Company contact information
Best Buy Co., Inc.
7601 Penn Avenue South
Richfield, MN 55423

Phone : +1.612.291.1000
Fax : +1.612.947.2422
Web : www.bestbuy.com
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