Best Buy Co., Inc.
News and overview for Best Buy Co., Inc.
Tech stocks head into the red in early action - MarketWatch
MarketWatch | 20 days 2 hours 40 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks were in the red early Tuesday, with most sector leaders declining ahead of the Federal Reserve's two-day meeting on the U.S. economy.
Critical Alerts for Goldman Sachs, Best Buy, DuPont, Rambus, and Barnes & Noble Released by Seven Summits Research [Press Release]
PRNewswire | 12 days 22 hours 3 minutes ago
Critical Alerts for Goldman Sachs, Best Buy, DuPont, Rambus, and Barnes & Noble Released by Seven...Alerts cover the following stocks: Goldman Sachs Group Inc. , Best Buy Co. Inc. , EI DuPont de Nemours & Co. , Rambus Inc. , and...
Wal-Mart to pace sector's 1st gain in 10 quarters - MarketWatch
MarketWatch | 12 days 18 hours 43 minutes ago
The improved bottom-line results, after two months of sales increases, would stand in stark contrast to recent quarters, when profits, which are heavily dependent on consumer spending habits, were battered by the global recession. A profit increase will also set retailers apart from most other sectors of the Standard & Poor's 500, which reported profit declines for the three-month period.
Retail stocks rise; Macy's drops on forecast miss - MarketWatch
MarketWatch | 12 days 3 hours 14 minutes ago
Macy's stock was down 6.1% at last check. The company posted a narrower-than-expected third-quarter loss, helped by its "My Macy's" initiatives to tailor merchandise to local demand and by improved results for its upscale Bloomingdale's chain.
Retail stocks inch higher; Abercrombie upgraded - MarketWatch
MarketWatch | 42 days 4 hours 53 minutes ago
Drug stocks inch up; DepoMed dives on drug data
Zacks Analyst Blog Highlights: Nokia Corp., Best Buy Co. Inc., AT&T, Research In Motion and Apple Inc. [Press Release]
Business Wire | 38 days 21 hours 34 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Nokia Corp. (NYSE: NOK), Best Buy Co. Inc. (NYSE: BBY), AT&T (NYSE: T), Research In Motion (Nasdaq: RIMM) and Apple Inc. (Nasdaq: AAPL).
S&P 500 breaks out; U.S. markets confirm uptrend The Technical Indicator - MarketWatch
MarketWatch | 6 days 1 hour 15 minutes ago
In the process, the Standard & Poor's 500 Index cleared the headline 1,100 mark, confirming its uptrend as detailed below.
Retail stocks inch up as Polo profit tops mark - MarketWatch
MarketWatch | 20 days 2 hours 40 minutes ago
The S&P Retail Index /quotes/comstock/10u!rlx.x (RLX 380.56, -3.11, -0.81%) rose 0.4% to 385.19.
iMemories Named Best Buy s Exclusive Provider for Digitally Preserving America's Home Movies and Photos [Press Release]
Business Wire | 33 days 4 hours 58 minutes ago
iMemories, the premier Web destination for digitizing, storing and sharing personal videos and photos, today announced a national partnership with leading consumer electronics retailer Best Buy whereby iMemories will serve as the exclusive provider of a service for converting Best Buy customers’ home movies and photos into digital format. The new service is now available at www.bestbuy.com/imemories, and will be promoted in Best Buy's retail stores nationwide.
Best Buy Mobile Announces Partnership with Google to Co-Market Google Mobile App
FierceWireless | 17 days 3 hours 54 minutes ago
Best Buy Mobile, the mobile specialty retail unit of Best Buy Co., Inc., today announced a retail partnership with Google™ that will help bring Google Mobile App to consumers and expand their... Read more >>
Retail stocks rise; RadioShack, Abercrombie raised - MarketWatch
MarketWatch | 14 days 3 hours 3 minutes ago
Credit Suisse analyst Gary Balter raised his rating on the stock to outperform, bolstered by potential upside from the iPhone deal and other initiatives, which he said also include adding T-Mobile to its stores and kiosk roll-out at Target Corp. stores.
Critical Alerts for McDonald's, Capital One, Best Buy, Ingersoll-Rand, and Dish Network Released by Seven Summits Research [Press Release]
PRNewswire | 41 days 3 minutes ago
Critical Alerts for McDonald's, Capital One, Best Buy, Ingersoll-Rand, and Dish Network Released by Seven...McDonald's Corp. , Capital One Financial Corp. , Best Buy Co. Inc. , Ingersoll-Rand Co. Ltd. , and Dish Network Corp...
Reportlinker Adds Consumer Appliances & Electronics Retailing in China 2009: A Market Analysis Report [Press Release]
Business Wire | 38 days 3 hours 21 minutes ago
Reportlinker.com announces that a new market research report is available in its catalogue.
Life Time Fitness Elects New Members to Board of Directors [Press Release]
Business Wire | 35 days 29 minutes ago
Life Time Fitness, Inc. (NYSE: LTM) announced today that Jack W. Eugster and John K. Lloyd were elected to its board of directors effective October 13, 2009.
Sony and Best Buy Combine Forces to Deliver New Line of Audio Products [Press Release]
PRNewswire | 97 days 5 hours 32 minutes ago
...research and engineering efforts, Sony Electronics Inc. and Best Buy Co., Inc. today announced the new "ALTUS" audio product...vice president of customer operating groups at Best Buy Co., Inc., added: "By working with Sony throughout the...
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Company Overview
| Company: | Best Buy Co., Inc. |
|---|---|
| Industry: | Consumer Electronics & Appliances Retail |
| Website: | http://www.bestbuyinc.com |
The biggest consumer electronics outlet in the US is also the best -- Best Buy, that is. The company operates more than 3,900 stores throughout North America, Europe, China, and now Mexico, mostly under the Best Buy and The Phone House banners. Best Buy stores sell a wide variety of electronic gadgets, movies, music, computers, and appliances. In addition to selling products, the stores offer installation and maintenance services, technical support, and subscriptions for cell phone and Internet services. Averaging about 40,000 sq. ft., the big box stores are located in 49 states, Puerto Rico, and all Canadian provinces. While the US accounts for about 75% of the company's sales, it's growing quickly overseas.
Key Numbers
| Sales in U.S. Dollars (mil.) | 45,015 (2009) |
|---|---|
| One-year % Growth in Sales | 12.5 (2009) |
| Net Income in U.S. Dollars (mil.) | 1,003 (2009) |
| One-year % Growth in Net Income | -28.7 (2009) |
| Number of Employees | 155,000 (2009) |
| One-year % Growth in Number of Employees | 3.3 (2009) |
| Fiscal Year-End | March |