Best Buy Co BBY · USD
Consumer Discretionary · Specialty Retail · US listing · 🇺🇸 United States
S&P 500
106.28
+6.67%
Close of 9 Nov 2026, in USD
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About Best Buy Co
From its filings with the US Securities and Exchange Commission
Best Buy Co is based in Richfield, Minnesota and is incorporated in Minnesota. Its shares trade on NYSE under the ticker BBY. It is a member of the S&P 500. The SEC classifies its business as retail-radio, tv & consumer electronics stores. In the fiscal year to 31 January 2026, it reported revenue of $41.69bn and net income of $1.07bn. At that date it held total assets of $14.67bn and shareholders' equity of $2.96bn. By region, U.S. accounted for 91.8%, followed by Canada at 8.2%.
We were incorporated in the state of Minnesota in 1966. We are driven by our purpose to enrich lives through technology and our vision to personalize and humanize technology solutions for every stage of life. We accomplish this by leveraging our unique combination of tech expertise and a human touch to meet our customers’ everyday needs, whether they come to us online, visit our stores or invite us into their homes. We have operations in the U.S. and Canada.
We have two reportable segments: Domestic and International. The Domestic segment is comprised of our operations in all states, districts and territories of the U.S. and our Best Buy Health business, and includes the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Essentials, Best Buy Health, Best Buy Marketplace, Geek Squad, Imagine That, Insignia, Lively, Jitterbug, My Best Buy, My Best Buy Memberships, Pacific Kitchen and Home, TechLiquidators and Yardbird; and the domain names bestbuy.com, lively.com, techliquidators.com and yardbird.com. Our International segment is comprised of all operations in Canada under the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Express, Best Buy Marketplace, Best Buy Mobile, Geek Squad, Insignia and TechLiquidators and the domain names bestbuy.ca and techliquidators.ca.
Quoted from its 10-K, filed 18 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Listed since
- 20 Jul 1987
- Employees
- 82,000
- Website
- bestbuy.com ↗
- Head office
- 7601 PENN AVE SOUTH, RICHFIELD, MN, 55423
- Incorporated in
- MN
- Classification
- Retail-Radio, Tv & Consumer Electronics Stores
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. David KennyIndependent Chairman of the Board$479,110
- Ms. Corie BarryChief Executive Officer, Director, since 2016$16.2m
- Mr. Matthew BilunasSenior Executive Vice President - Enterprise Strategy, Chief Financial Officer$5.5m
- Mr. Todd HartmanExecutive Vice President, Chief Risk Officer, General Counsel, Secretary$3.1m
- Mr. Jason BonfigSenior Executive Vice President, Customer Offering, Fulfilment & Best Buy Canada$3.6m
- Ms. Kamy ScarlettSenior Executive Vice President - Human Resources, Corporate Affairs$4.7m
- Mr. Mathew WatsonSenior Vice President, Controller, Chief Accounting Officer
- Ms. Meghan FrankDirector
- Mr. A. Dylan JadejaDirector
- Ms. Lisa CaputoIndependent Director$315,046
- Mr. David KimbellIndependent Director$307,958
- Mr. Mario MarteIndependent Director$320,046
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 75
- Environment
- 74
- Social
- 73
- Governance
- 80
- Direct emissions (scope 1)
- 185,561 t
- Energy emissions (scope 2)
- 245,443 t
- Value chain emissions (scope 3)
- 15,732,438 t
- Women in the workforce
- 26%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Best Buy is a well-established retail brand known for its wide range of electronics and technology products. It has a strong market presence and enjoys significant brand recognition, which helps in attracting customers.
- Best Buy has successfully implemented an omni-channel approach, combining its brick-and-mortar stores with an online presence. This allows customers to shop conveniently through multiple channels, enhancing customer experience and boosting sales.
- Best Buy has established solid partnerships with leading technology suppliers and manufacturers. This enables the company to offer a wide variety of products and ensures availability of the latest and popular items in its stores.
Weaknesses
- Best Buy operates in a highly competitive retail industry with multiple players, both online and offline. This competition puts pressure on pricing and profitability, requiring continuous efforts to differentiate and stay ahead.
- The company heavily relies on the consumer electronics market, which is subject to rapid technological advancements and changing customer preferences. Any slowdown in this market or shift in consumer behavior can significantly impact Best Buy's performance.
Opportunities
- The increasing popularity of online shopping presents an opportunity for Best Buy to strengthen its e-commerce presence. By investing in online platforms and improving the digital shopping experience, the company can reach a wider customer base and drive sales.
- Best Buy can explore opportunities to diversify its revenue streams by expanding its services portfolio. This may include offering installation, repair, and technical support services, as well as exploring new product categories beyond traditional electronics.
Threats
- The rise of online retailers, such as Amazon, poses a threat to Best Buy. Online competition can lead to price wars and reduced profit margins. Best Buy needs to continuously adapt to changing market dynamics to stay competitive in the digital age.
- Fluctuations in the economy and consumer spending patterns can impact Best Buy's business. During economic downturns or recessions, consumers may cut back on discretionary purchases, affecting the company's sales and profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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