Best Buy Co., Inc. (NYSE: BBY)

7601 Penn Ave. South
Richfield, MN 55423-3645 (Map)
Phone: 612-291-1000
Fax: 612-292-4001
http://www.bby.com

Hoover's coverage by Alexandra Biesada

Overview

The biggest consumer electronics outlet in the US is also the best -- Best Buy, that is. The company operates more than 1,400 stores throughout the US and Canada, and another 2,600 stores in Europe and China, mostly under the Best Buy, Best Buy Mobile, and The Car Phone Warehouse banners. The stores sell a variety of electronic gadgets, movies, music, computers, and appliances. In addition, Best Buy offers installation and maintenance services, technical support, and subscriptions for cell phone and Internet services. As the biggest consumer electronics chain in the US, following the demise of rival Circuit City, Best Buy is looking abroad for growth. In 2011 Best Buy sold Napster to online mp3 store, Rhapsody.

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Key Numbers from Hoover's UK

Key financials for Best Buy Co., Inc. (NYSE: BBY)

Company Type Public (NYSE: BBY)
Fiscal Year-End February
2011 Sales (mil.) £31,183.7
1-Year Sales Growth 1.2%
2011 Net Income (mil.) £792.1
1-Year Net Income Growth (3.0%)
2011 Employees 180,000
1-Year Employee Growth 0.0%
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Key People from Hoover's UK

Key people and executives for Best Buy Co., Inc. (NYSE: BBY)

Chairman Richard M. (Dick) Schulze
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CEO and Director Brian J. Dunn
EVP Finance and CFO James L. (Jim) Muehlbauer
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Top Competitors from Hoover's UK

Top competitors of Best Buy Co., Inc. (NYSE: BBY)

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Best Buy Co., Inc. (NYSE: BBY)

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Rankings from Hoover's UK

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