Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing covering desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions, networking products, tablets covering e-readers, and wearables, such as smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as beverages, snacks, and sundry items, as well as baby products, furniture, luggage, and sporting goods. In addition, it provides consultation, delivery, design, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and websites under the BestBuy, Best Buy Business, Best Buy Express, Best Buy Health, CST, Geek Squad, GreatCall, Lively, Magnolia, Pacific Kitchen, and Home, as well as the domain names bestbuy.com and greatcall.com. As of January 30, 2021, it had 1,126 large-format and 33 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
IPO Year:
Exchange: NYSE
Website: investors.bestbuy.com/investor-relations/overview/defau
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/23/2025 | $100.00 → $90.00 | Outperform | Telsey Advisory Group |
| 4/3/2025 | $70.00 | Buy → Neutral | Citigroup |
| 3/5/2025 | $110.00 → $100.00 | Outperform | Telsey Advisory Group |
| 11/27/2024 | $115.00 → $110.00 | Outperform | Telsey Advisory Group |
| 8/30/2024 | $95.00 → $115.00 | Outperform | Telsey Advisory Group |
| 6/17/2024 | $85.00 → $106.00 | Neutral → Buy | UBS |
| 6/3/2024 | $67.00 → $100.00 | Sell → Buy | Citigroup |
| 5/23/2024 | $95.00 | Outperform → Market Perform | Telsey Advisory Group |
| 4/8/2024 | $95.00 → $94.00 | Buy | Jefferies |
| 3/22/2024 | $89.00 → $101.00 | Neutral → Overweight | JP Morgan |
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The micromobility leader's most compact, portable and affordable 3rd generation e-scooter is now available for pre-order at $200 off MSRP. ARCADIA, Calif., June 25, 2025 /CNW/ -- Segway, recently named No. 1 in global electric kick-scooter (eKickScooter) sales with more than 13 million sold worldwide, today announces pre-orders are open on the all-new E3 electric scooter through exclusive retail partner, Best Buy Canada. Customers can reserve the latest in the brand's popular entry-level E-Series for only $499.99 CAD ($699.99 MSRP) at BestBuy.ca or more than 90 retail locations across Canada now through the official release date of July 18 when it will be in-stock and full price. The E3 will
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on July 10, 2025, to shareholders of record as of the close of business on June 19, 2025. The company had 211,299,033 shares of common stock issued and outstanding as of May 3, 2025. View source version on businesswire.com: https://www.businesswire.com/news/home/20250529209981/en/ Investor Contact: Mollie O'Brien [email protected] Media Contact: Carly Charlson [email protected]
Comparable Sales Decreased 0.7% Diluted EPS of $0.95 Adjusted Diluted EPS of $1.15 Expects FY26 Adjusted Diluted EPS of $6.15 to $6.30 Best Buy Co., Inc. (NYSE:BBY) today announced results for the 13-week first quarter ended May 3, 2025 ("Q1 FY26"), as compared to the 13-week first quarter ended May 4, 2024 ("Q1 FY25"). Q1 FY26 Q1 FY25 Revenue ($ in millions) Enterprise $ 8,767 $ 8,847 Domestic segment $ 8,127 $ 8,203 International segment $ 640 $ 644
UGREEN's innovative electronic devices and accessories now available on BestBuy.com and in hundreds of Best Buy retail stores nationwide. WILMINGTON, Del., May 26, 2025 /PRNewswire/ -- UGREEN, a global innovator in consumer electronics, today announced that Best Buy, the world's largest specialty consumer electronics retailer, now offers UGREEN's sought-after products to Best Buy customers via BestBuy.com and hundreds of Best Buy brick-and-mortar locations across the United States. Since its founding, UGREEN has focused on delivering technologically advanced products that meet
The micromobility leader taps trusted retailer to make its newest electric commuter scooter available in Canada. ARCADIA, Calif., May 15, 2025 /CNW/ -- Segway, recently named No. 1 in global electric kick-scooter (eKickScooter) sales with more than 13 million sold worldwide, is partnering with Best Buy Canada to exclusively launch its new Segway Ninebot F3 Pro eKickScooter. Available at more than 90 retail locations across Canada and online at BestBuy.ca, the latest addition to the brand's popular mid-level F-series line can be pre-ordered at a limited-time price of $699.99 CAD ($1,199.99 MSRP).
Mat Povse takes the helm of Canada's largest consumer electronics retailer. VANCOUVER, BC, March 19, 2025 /CNW/ - Best Buy Canada welcomes Mat Povse as the company's new President. Mat, a familiar face within the company, steps into this role after an impressive 11-year journey with Best Buy Canada. Prior to President, Mat held several roles in the company, most recently as Senior Vice President of Best Buy Retail, Geek Squad Services and Best Buy Business, where he and his team were responsible for hundreds of stores, thousands of Blue Shirts and Agents and millions of custom
NEW YORK and VANCOUVER, BC, March 10, 2025 /PRNewswire/ -- Best Buy Canada has selected PingPong, a world-leading provider of cross-border embedded payment solutions, to become its first cross-border payment service provider of record on its Marketplace. Leveraging PingPong's easy-to-integrate API, Best Buy Canada will begin expanding internationally and facilitate payouts to international sellers. By leveraging PingPong's global capability BestBuy Canada will have the opportunity to unlock new revenue streams and cross-border operational efficiencies. To date, PingPong has se
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on April 15, 2025, to shareholders of record as of the close of business on March 25, 2025. The company had 211,358,651 shares of common stock issued and outstanding as of February 1, 2025. View source version on businesswire.com: https://www.businesswire.com/news/home/20250304063213/en/ Investor Contact: Mollie O'Brien [email protected] Media Contact: Carly Charlson [email protected]
NEW YORK, March 4, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Trinity Chavez delivers the pre-market update on March 4th Target (NYSE: TGT) earnings beat Q4 expectations, led by increase in comparable salesBest Buy (NYSE: BBY) beats Q4 estimates, sees sales uptick and dividend boostStock futures are edging higher, recovering from yesterday's declinesWatch NYSE TV Live every weekday 9:00-10:00am ET
Comparable Sales Increased 0.5% GAAP Diluted EPS of $0.54 Included a Goodwill Impairment of ($2.02) Adjusted* Diluted EPS of $2.58 Increasing Quarterly Dividend 1% to $0.95 per Share Expects FY26 Adjusted* Diluted EPS of $6.20 to $6.60 Best Buy Co., Inc. (NYSE:BBY) today announced results for the 13-week fourth quarter ended February 1, 2025 ("Q4 FY25"), as compared to the 14-week fourth quarter ended February 3, 2024 ("Q4 FY24"). FY25 had 52 weeks compared to 53 weeks in FY24. The company estimates the impact of the extra week in Q4 FY24 added approximately $735 million in revenue, approximately 15 basis points of adjusted1 operating income rate and approximately $0.30 of adjus