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4-Traders Homepage  >  Shares  >  Nyse  >  Best Buy Co Inc    BBY

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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%
International-----
Managers
NameAgeSinceTitle
Hubert Joly542012Chairman, President & Chief Executive Officer
Sharon L. McCollam, CPA532012EVP, Chief Financial & Administrative Officer
Kathy J. Higgins Victor581999Independent Director
Gerard R. Vittecoq, MBA662008Independent Director
Lisa Maria Caputo Morris512009Independent Director
Bradbury H. Anderson652013Director
Russell P. Fradin, MBA592013Lead Independent Director
David W. Kenny, MBA532013Director
Thomas L. Millner612014Director
J. Patrick Doyle, MBA512014Director
Shareholders
NameShares%
Richard M. Schulze, PhD 46,238,269 13.1%
Fidelity Management & Research Co. 40,518,165 11.5%
The Vanguard Group, Inc. 27,785,113 7.88%
JPMorgan Investment Management, Inc. 20,775,758 5.89%
SSgA Funds Management, Inc. 12,245,446 3.47%
BlackRock Fund Advisors 12,226,817 3.47%
Columbia Management Investment Advisers LLC 7,435,398 2.11%
AQR Capital Management LLC 7,006,051 1.99%
TIAA-CREF Investment Management LLC 6,529,454 1.85%
Templeton Global Advisors Ltd. 6,094,798 1.73%
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
© 2015 People , Fundamentals and Ownership